Mentor’s comment:
- https://www.thehindu.com/opinion/lead/the-perils-of-rbis-fixation-on-inflation/article30578704.ece
- In the intro, describe the mandates of RBI.
- In the main body describe how RBI is tasked with various mandates and managing these various mandates like inflation targeting and financial stability and regulations may not always yield the desired results. Also mention the recent inflation data which crossed 7%. Also mention the various banks and NBFC collapse as the example of policies formulated by the RBI not delivering the desired results.
- In conclusion, stress the moderate success of RBI in maintaining the overall stability of the economy.
Comments
9 responses to “The RBI’s responsibility to regulate the financial sector may have taken a backseat after the adoption of inflation targeting as the main objective. Critically analyse the statement. (15 Marks)”
payment id:MOJO9610000D44695722
You failed to discuss the main theme of the question which is How RBI is missing out on various other mandates because of its over-reliance on inflation control.
In the main body describe how RBI is tasked with various mandates and managing these various mandates like inflation targeting and financial stability and regulations may not always yield the desired results. Also mention the recent inflation data which crossed 7%. Also mention the various banks and NBFC collapse as the example of policies formulated by the RBI not delivering the desired results.
Also always link your intro with the demand of the question or the topic of the question.
Intro should never be written in a silo.
Read the model answer when it is available.
In the meanwhile, always read the question carefully and then read the mentor comments to understand the approach needed in the answer.
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Good structure.
You have answered almost all the required elements in the answer.
The overall content of the main body is very good.
It is deep and has perfect coverage.
Good balance in the answer in each part
Underline important points
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The answer is very good.
The content and the explanation is very good.
Good presentation and structure.
Perfect way forward.
The overall direction of the answer is apt.
Nothing wrong with that.
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You have covered all the demands of the question perfectly.
The content is wide and well explained.
The structuring is balanced.
But do give more inputs in your way forward.
They lack depth as of now and hence they feel lacklustre.
You have given concrete points in the main body and they are up to the marks and this should be the template in your forward as well.
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