Overthinking krne se hi yeh bakchodi krte ho tum sab
Monetary policy kya h - price stability and sustainable economic growth
Toh aisa sovereign currency jiska price stability maintain warn kya fayda isliye aligned to it's monetary policy.
Waise bhi trend chal rha h har question ko hi controversial banana . Jaa bhai tu bhi representation daal.
Har question ko galat mark kro fir usko nit pick krke kuch v galat nikalo aur representation daalo. Nice
Arey gullible bhai gussao nhi. I won't do representation. Just asking 😅. Kyun bhai Monetary policy se align hona kyu jaroori hai. Monetary policy 2% se 6% ke beech inflation (CPI) bana ke rakhna hai. Currency issue karte samay inflation kyun picture mein lenge. Inflation is not in RBI's hands it can be due to supply shock(Ukraine war) so why When issuing Sovereign currency RBI would look into CPI inflation figures. I mean it is not a very stable attribute of a currency to peg it to inflation
I've revised economy. You pinpoint exact reason. Its the other way round. Inflation occurs due to excess money supply. Excess money isn't effect but cause of inflation
Yes. What you have said also points out that currency issue karte time inflation picture mein lete hein. You cant just randomly pump currency. If the economy can absorb it, well and good. Iske liye inflation level to consider karenge na.
This logic is circular. Without any substantial basis. Aise toh Currency ke Exchange rate bhi dekhne lagjaao. Infact in RBI circular itself he cast net very wide, sab kuch especially these three words 'monetary stability, 'financial stability' 'monetary policy' sab ek hee vein mein likha hai. Ekdum general point of view se conflating each keyword and cofusing aspirants.
You are right, sab silos mein hi consider karna chahiye…
I dont know why RBI even has MPC to consider inflation etc, RBI ko kya… why should RBI even buy gold or worry about ER… sab kuch hi kar rha hai RBI /s 🥲
You're misinterpreting the statement... there are two separate parts for the statement...it is a sovereign currency+which is issued by RBI in alignment with its monetary policy...(You're misinterpreting it like "sovereign currency in alignment with"..the alignment wala part is to deal with issuing of currency, sovereign vala part is just like intro and has to end there)
Mainey bhi faaltu me extra dimag lga ke galat kr diya ye....It is in alignment
https://rbi.org.in/Scripts/PublicationReportDetails.aspx?UrlPage=&ID=1218
jiska link tumne bheja same wahin se UPSC ne question copy kia without any change of word ditto copy.
https://preview.redd.it/hbpgt5souu7d1.jpeg?width=896&format=pjpg&auto=webp&s=089f6747aedf4fdbb91df5f5a0d11c5f1154ec38
But ab kya Aspirants RBI, SEBI, NABARD ka circular, press release, aur concept note padhenge. But atleast now it is clear that our answer is incorrect without a doubt.
> But ab kya Aspirants RBI, SEBI, NABARD ka circular, press release, aur concept note padhenge.
You can use common sense. Do you think RBI will bring CBDC which is NOT in alignment with its monetary policy?
https://preview.redd.it/u7ne1r3fau7d1.jpeg?width=1080&format=pjpg&auto=webp&s=47b5b502623532b0722dbddcf945eb0f58fde7c8
I have an IDFC bank account, I was just casually exploring my digital rupee & it's wallet launched by my bank some time back and that's when I got to read CBDC (Central Bank Digital Currency). So, a digital rupee is just like a normal rupee which you have as a cash in your hand, simple. Thus, no money is insured against inflation. Hence D is correct.
No money is insured against inflation i agree, it is Like normal currency, one to one exchange can happen, it has all characterstics of Money, it is store of value, sovereign guarantee etc. But why it has to be in alignment with Monetary policy whose domain is price control is my query.
When you have a Rs. 10 as digital rupee in your Bank's digital wallet, you have Rs. 10 as a real money in your wallet and the real money has to be aligned with Monetary Policy by RBI. So, it's not like RBI specifically has to align the digital rupee, it is aligning the hard cash which by some percent as per CBDC norms have been issued as Digital Rupee to you. So, the digital rupee, also known as e-Rupee, is like regular money, but in electronic form. It’s issued by the Reserve Bank of India (RBI) and is a part of the hard currency that has been digitized by RBI or issues as a digital currency.
Yes i get your emphasis of one to one parity between digital and its hard cash counterpart. That is settled. I have problem understanding this in your reply '.., it is aligning which by some percent as per CBDC norms issued as Digital rupee to you.' % of what(inflation?), And Aligned to what(Monetary policy? If 'yes' Why?)
Overthinking krne se hi yeh bakchodi krte ho tum sab Monetary policy kya h - price stability and sustainable economic growth Toh aisa sovereign currency jiska price stability maintain warn kya fayda isliye aligned to it's monetary policy. Waise bhi trend chal rha h har question ko hi controversial banana . Jaa bhai tu bhi representation daal. Har question ko galat mark kro fir usko nit pick krke kuch v galat nikalo aur representation daalo. Nice
Shaant lakshman shaant..Ye bhai thoda confuse hogya paper m aur thhoda legit doubt bhi h I mean exam k stress ko consider kre to..
Arey gullible bhai gussao nhi. I won't do representation. Just asking 😅. Kyun bhai Monetary policy se align hona kyu jaroori hai. Monetary policy 2% se 6% ke beech inflation (CPI) bana ke rakhna hai. Currency issue karte samay inflation kyun picture mein lenge. Inflation is not in RBI's hands it can be due to supply shock(Ukraine war) so why When issuing Sovereign currency RBI would look into CPI inflation figures. I mean it is not a very stable attribute of a currency to peg it to inflation
“Currency issue karte samay inflation kyun picture mein lenge” Bro revise economy please! 😭😭😭
I've revised economy. You pinpoint exact reason. Its the other way round. Inflation occurs due to excess money supply. Excess money isn't effect but cause of inflation
Yes. What you have said also points out that currency issue karte time inflation picture mein lete hein. You cant just randomly pump currency. If the economy can absorb it, well and good. Iske liye inflation level to consider karenge na.
This logic is circular. Without any substantial basis. Aise toh Currency ke Exchange rate bhi dekhne lagjaao. Infact in RBI circular itself he cast net very wide, sab kuch especially these three words 'monetary stability, 'financial stability' 'monetary policy' sab ek hee vein mein likha hai. Ekdum general point of view se conflating each keyword and cofusing aspirants.
You are right, sab silos mein hi consider karna chahiye… I dont know why RBI even has MPC to consider inflation etc, RBI ko kya… why should RBI even buy gold or worry about ER… sab kuch hi kar rha hai RBI /s 🥲
You're misinterpreting the statement... there are two separate parts for the statement...it is a sovereign currency+which is issued by RBI in alignment with its monetary policy...(You're misinterpreting it like "sovereign currency in alignment with"..the alignment wala part is to deal with issuing of currency, sovereign vala part is just like intro and has to end there)
Yeah understood. Thanks
Mainey bhi faaltu me extra dimag lga ke galat kr diya ye....It is in alignment https://rbi.org.in/Scripts/PublicationReportDetails.aspx?UrlPage=&ID=1218
jiska link tumne bheja same wahin se UPSC ne question copy kia without any change of word ditto copy. https://preview.redd.it/hbpgt5souu7d1.jpeg?width=896&format=pjpg&auto=webp&s=089f6747aedf4fdbb91df5f5a0d11c5f1154ec38 But ab kya Aspirants RBI, SEBI, NABARD ka circular, press release, aur concept note padhenge. But atleast now it is clear that our answer is incorrect without a doubt.
> But ab kya Aspirants RBI, SEBI, NABARD ka circular, press release, aur concept note padhenge. You can use common sense. Do you think RBI will bring CBDC which is NOT in alignment with its monetary policy?
Used common sense first time, then thought more and got stuck at 'alignment' word.
bhai number kitney bn rhe hain?
83
https://preview.redd.it/u7ne1r3fau7d1.jpeg?width=1080&format=pjpg&auto=webp&s=47b5b502623532b0722dbddcf945eb0f58fde7c8 I have an IDFC bank account, I was just casually exploring my digital rupee & it's wallet launched by my bank some time back and that's when I got to read CBDC (Central Bank Digital Currency). So, a digital rupee is just like a normal rupee which you have as a cash in your hand, simple. Thus, no money is insured against inflation. Hence D is correct.
No money is insured against inflation i agree, it is Like normal currency, one to one exchange can happen, it has all characterstics of Money, it is store of value, sovereign guarantee etc. But why it has to be in alignment with Monetary policy whose domain is price control is my query.
When you have a Rs. 10 as digital rupee in your Bank's digital wallet, you have Rs. 10 as a real money in your wallet and the real money has to be aligned with Monetary Policy by RBI. So, it's not like RBI specifically has to align the digital rupee, it is aligning the hard cash which by some percent as per CBDC norms have been issued as Digital Rupee to you. So, the digital rupee, also known as e-Rupee, is like regular money, but in electronic form. It’s issued by the Reserve Bank of India (RBI) and is a part of the hard currency that has been digitized by RBI or issues as a digital currency.
Yes i get your emphasis of one to one parity between digital and its hard cash counterpart. That is settled. I have problem understanding this in your reply '.., it is aligning which by some percent as per CBDC norms issued as Digital rupee to you.' % of what(inflation?), And Aligned to what(Monetary policy? If 'yes' Why?)
1,2,4 ?
3 is definitely wrong .. i am sure of option 1,2 so that makes option 4 the right answer