Master Microeconomics for RBI DEPR Exam

[00:00:00]Objective of growth is not ignored.

[00:00:04]So this is the primary responsibility or primary objective of Reserve Bank of India is price stability.

[00:00:14]It also always keeps in mind objective of growth.

[00:00:19]So while maintaining price stability objective of growth is not ignored.

[00:00:28]So uh uh other repo rate etc. later.

[00:00:33]So this is not to be quoted this data. It is relates to April 23.

[00:00:43]2014 government constituted a committee expert committee to look at the inflation in in the economy and to suggest measures whether we should adopt inflation targeting or not. This was headed by Dr. Urjit Patel, the then Deputy Governor of Reserve Bank of India. And in May 90 in May 2016 the RBI Act 1934