Oxford's Kishore Says RBI Policy Will Impact Inflation

The video discusses the economic challenges faced by the Reserve Bank of India (RBI) in managing inflation and interest rates. It highlights the expectations of economists regarding inflation targeting and the role of monetary policy. The discussion covers the supply-side phenomena in India, emphasizing the government's role in easing bottlenecks and increasing food supply. Additionally, it addresses the structural issues affecting monetary policy transmission, such as stressed balance sheets and the impact of GST on core inflation.

What was the general expectation of economists regarding the RBI's focus in recent meetings?

• To increase interest rates

• To focus on inflation and keep rates on hold

• To decrease interest rates

• To ignore inflation concerns

How has inflation traditionally been viewed in the context of India's economy?

• As a consequence of technological advancements

• As a demand-side phenomenon

• As a supply-side phenomenon

• As a result of foreign trade

What has been the government's role in managing inflation according to the transcript?

• Implementing digital currency

• Reducing foreign trade

• Increasing interest rates

• Easing bottlenecks and increasing food supply

What structural issue in India has affected monetary policy transmission?

• Stressed balance sheets and bad loans

• Excessive government spending

• Lack of technological infrastructure

• High foreign debt

What recent policy rollout is mentioned as having an impact on core inflation?

• Demonetization

• GST rollout

• Make in India campaign

• Digital India initiative