RBI to Stay Accommodative on Inflation Uncertainties

The transcript discusses the Central Bank's interest rate policies and Raghuram Rajan's future as its chief. It highlights Rajan's accommodative stance despite inflation and his humorous response to mandate extension rumors. The government now faces a decision on his mandate. Additionally, Prime Minister Modi's visit to the US aims to attract investments for India's infrastructure and manufacturing, offering a vast market to American companies.

What was the Central Bank's stance on interest rates according to the transcript?

• They are planning to increase rates.

• They are considering further cuts.

• They are unsure about future rate changes.

• They have decided to keep rates unchanged.

How did Mr. Rajan respond to the speculations about his mandate extension?

• He confirmed he would not extend his mandate.

• He avoided the topic entirely.

• He humorously deflected the question.

• He announced his resignation.

What is the role of the government in Mr. Rajan's future according to the transcript?

• The government has no say in his future.

• The government has already decided to replace him.

• The government is waiting for his resignation.

• The government must decide on his mandate extension.

What is one of Prime Minister Modi's main goals during his visit to the United States?

• To strengthen military alliances.

• To seek investment for India's infrastructure.

• To discuss climate change policies.

• To negotiate a trade deal.

What does Prime Minister Modi offer in exchange for investment from American companies?

• Access to India's large consumer market.

• Tax exemptions for American companies.

• Exclusive trade agreements.

• Military cooperation.