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Agreement on the issue of monetary policy framework between the Central Government and the Reserve Bank of India

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On February 20, 2015, a MoU on the issue of monetary policy framework (regarding inflation target) between the Union Finance Ministry and the Reserve Bank of India (RBI) Which was made public on March 2, 2015. The main goal of this agreement is to maintain value stability in view of the objective of economic growth. Under this, central bank will keep retail inflation below 6 percent by January 2016 and up to 4 percent by March 2017.

Agreement on the issue of monetary policy framework between the Central Government and the Reserve Bank of India

• The Reserve Bank will aim to bring down inflation to below 6 percent by January 2016. The target for the financial year 2016-17 and the subsequent years will be 4%, which would include a scope of 2% increase or decrease.

• In order to achieve the goal of inflation, RBI has been given an exemption to decide on the initiatives of monetary policy, but under this, it is necessary for the RBI that if there is a default in achieving the target in any period, The government has to report.

• The RBI will have to make a document public on every six months, giving details of inflation sources and estimates of inflation for a period of six to eight months.

• According to this agreement, the Finance Ministry has fixed two criteria, under which the inflation is more than six percent in the three consecutive quarters or the subsequent years of the financial year 2015-16 or the continuous three quarters of the year 2016-17. If there is less than two percent in the year, the RBI will be considered as unsuccessful in deciding the target.

• If there is a dispute regarding the presentation of the agreement, it will be resolved through a meeting between the RBI governor and the central government.

Be aware that the base year of inflation by the government was changed to year 2012 instead of 2010. In addition, the Consumer Price Index (CPI) based inflation rose to 5.11 percent in January 2015, which was 4.28 percent in December 2014.

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RBI Assistant Result 2019 | RBI Assistant Exam 2019 Result Declared at rbi.org.in

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RBI Results 2015: Reserve bank of India Invites various application forms to recruit in bank and it conducts the exams also to select the candidates. RBI Declared Result for Assistant exam held on 1st, 8th and 9th August 2015. Here we are notifying the candidates that RBI declares the RBI Assistant Result 2015 for August Exam on its official website. You can know RBI Exam 2015 Expected Cutoff Marks Now. To check the result aspirants need to click on the official website rbi.org.in.

About RBI: The Reserve Bank of India is country’s Central Banking Institution, which manages the pecuniary Policy of the Indian Rupee. RBI commenced the operations on 1 April 1935 during the British Rule. It plays an important role in the Development Strategy of the f Indian Government. The RBI was nationalized in Jan. 1st, 1949.

RBI Assistant Result 2015, Declared rbi.org.in:

RBI has conduct the online examination for the Assistant posts on 1st, 8th and 9th August 2015. by online mode. All candidates were waiting for the result but now it has declared the result on the official website. Candidates can check the result by clicking the roll no. in the examination large no. of candidates took participated for the post of Assistant posts. RBI has issued the date of interview on the admit card, already and the selected candidates will get the basic salary as Rs 8, 860 per month. Here we will update you the latest news regarding RBI results.

How to search the results:
  1. Click on the official site rbi.org.in.
  2. Check the latest news and click on the RBI results for regarding post.
  3. Now enter the roll no., registration no., password & date of birth.
  4. Click on submit.
  5. The result will be appeared on the screen.
  6. Take a print for future reference.

>> Check RBI Assistant Result <——- Available (check Cutoff, Provisionally Selected list for Interview)

>> Check RBI Grade B Phase I Result <——- Available

Important Notice for RBI GRADE B PHASE II Exam : Exam Date: 7th December 2015

RBI Exam Result 2015:

Now all the candidates are able to check the RBI Assistant Result 2015 for assistant posts at the official site rbi.org.in or link (given above) as soon as possible. You can ask queries in case of you face any issues regarding the results through the comment box.