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What is the Real Effective Exchange Rate (REER)? Assess its significance in assessing the international competitiveness of an economy.

Q6. What is the Real Effective Exchange Rate (REER)? Assess its significance in assessing the international competitiveness of an economy. (10 M)

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“The effectiveness of monetary tightening depends as much on liquidity conditions as on changes in the policy interest rate.” Substantiate the statement with reference to India’s monetary transmission mechanism. Posted on October 10, 2026
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What is the rationale behind establishing the Integrated Transport & Logistics Authority (ITLA)? Examine its potential to improve multimodal infrastructure planning and logistics efficiency in India. What challenges could constrain its effectiveness? Posted on October 8, 2026
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