Money and Banking Basics — Mains Questions

Critically analyze the challenges faced by the Indian banking sector in achieving financial inclusion and suggest measures to overcome them. (250 words, 15 marks)

Discuss the role of the Reserve Bank of India (RBI) in maintaining financial stability in India. What are the key tools and strategies employed by the RBI in this regard? (250 words, 15 marks)

Examine the impact of digital banking on the Indian economy, particularly concerning financial inclusion and monetary policy transmission. What are the associated risks? (250 words, 15 marks)