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Evaluate the performance of the monetary policy committee in achieving its stated objective of containing inflation in the prescribed bandwidth. How will the recent the move to increase the benchmark interest rate by 35 basis points affect the Indian economy?

 

9. Evaluate the performance of the monetary policy committee in achieving its stated objective of containing inflation in the prescribed bandwidth. How will the recent the move to increase the benchmark interest rate by 35 basis points affect the Indian economy?

Reference: Insights on India