RBI Should Start Looking at Growth Prospects: Economist Chanana

The transcript discusses the Reserve Bank of India's (RBI) focus on balancing inflation and growth, despite being an inflation-targeting bank. It highlights the potential risks from monsoon variability and the impact of US trade decisions on India's economy. The discussion also covers the limited fiscal space for targeted measures in affected industries and the potential revenue-raising strategies. Additionally, the transcript examines the effects of volatile oil prices and the Indian Rupee's (INR) performance on the economy.

What is the RBI's medium-term inflation target?

• 3%

• 5%

• 2%

• 4%

How many products from India are affected by the US trade decision?

• 2500

• 2000

• 1000

• 1500

What fiscal measures might India consider to cushion the impact of the US trade decision?

• Increasing foreign aid

• Reducing public spending

• Disinvestment and privatization

• Increasing taxes

What is the current state of oil prices according to the transcript?

• Volatile

• Rising

• Decreasing

• Stable

How does the INR's performance affect the impact of low oil prices on India?

• It amplifies the benefits

• It has no effect

• It mutes the benefits

• It reverses the benefits