Former RBI's Gandhi On The Digital Rupee

Former RBI's Gandhi On The Digital Rupee

Assessment

Interactive Video

Business

University

Hard

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The video discusses the global interest in digital currencies, particularly central bank digital currencies (CBDCs), and their potential benefits such as faster electronic payments and financial inclusion. It then shifts focus to the Indian economy, addressing concerns about inflation and growth, and the Reserve Bank of India's (RBI) monetary policy. The discussion highlights the impact of digital currency on the informal economy and the RBI's current priority on controlling inflation over growth.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the informal sector in India pose challenges to monetary policy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of a digital currency on the behavior of individuals regarding physical cash?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current priority of the RBI regarding inflation and growth?

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