Current context: RBI Governor Shaktikanta Das launched UTKARSH 2022, a medium-term strategy framework in line with the evolving macro-economic environment in the country.
- The framework’s objective is to achieve excellence in the performance of RBI's mandates and improve regulation, supervision of the central bank and to avoid future crisis.
- The vision document is a 3-year roadmap to guide the RBI during the medium-term period (2019-22).
- A sub-committee of the central board will periodically monitor its implementation and progress.
- In April 2015, A formal strategic management framework was launched to re-articulate the core purpose, values and vision statement of the RBI.
- The framework contains RBI’s core purpose, mission, vision statements, values, reiterating the bank's commitment to the nation.
- RBI has also formulated a three-year plan on the same line of central banks across the world who strengthen their regulatory and supervisory mechanism by formulating a long-term plan as well as a medium-term plan.
Question:
Q.1 RBI’s medium-term strategy framework UTKARSH 2022 has a duration of?
a. 2020-2023
b. 2019-2024
a. 2020-2023
b. 2019-2024
c. 2020-2022
d. 2019-2022
d. 2019-2022
