Mentor’s comment-
- https://www.thehindu.com/
opinion/op-ed/reinforcing- rbis-accountability/ article33006927.ece - In the intro, mention the role played by the RBI in the economy like dealing with the monetary policy and containing inflation.
- In the body, mention how RBI has been given the legal role of containing inflation. In the next part, analyse the RBI’s contribution in containing the inflation by citing some figures. In the next part, mention the laws and their provision to ensure the RBI’s accountability.
- Conclude by mentioning the need to reinforce the RBI accountability in the roles assigned to it.
Comments
6 responses to “Analyse the role played by the RBI in containing inflations? What are the legal provisions made to ensure the accountability of the RBI in this regard? 10 marks”
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Hi Somasis
Good introduction.
You have discussed the role of RBI in targeting inflation in a good manner, use subheadings if possible.
Legal provisions are also discussed thoroughly.
You have good hold over content, join our Mains Guidance Program for betterment and quality enrichment of your answers.
Work on presentation, leave proper space between the lines and paragraphs.
Overall a decent attempt.
Keep writing, you will succeed.
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Hi Divya
Try to understand the demand of the question, it is asking RBI’s role in inflation, so in the introduction, briefly explain about its monetary policy committee (MPC).
Body of the answer contains good content.
Good conclusion, but it is economic benefit not economical.
Avoid grammatical errors.
Underline keywords.
Keep writing, you will succeed.
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Hi Vinay
Good introduction.
In the entire answer, you did not mention MPC, write about it.
You have answered only the first part of the answer, also mention the laws and their provision to ensure the RBI’s accountability.
Conclusion is good but summarise it, it should be in small paragraph.
Work on content.
Keep working hard.