Current Affairs

RBI Launched UTKARSH 2022

Current context: RBI Governor Shaktikanta Das launched UTKARSH 2022, a medium-term strategy framework in line with the evolving macro-economic environment in the country.
RBI Launched UTKARSH 2022 
  • The framework’s objective is to achieve excellence in the performance of RBI's mandates and improve regulation, supervision of the central bank and to avoid future crisis.
  • The vision document is a 3-year roadmap to guide the RBI during the medium-term period (2019-22).
  • A sub-committee of the central board will periodically monitor its implementation and progress.
  • In April 2015, A formal strategic management framework was launched to re-articulate the core purpose, values and vision statement of the RBI.
  • The framework contains RBI’s core purpose, mission, vision statements, values, reiterating the bank's commitment to the nation.
  • RBI has also formulated a three-year plan on the same line of central banks across the world who strengthen their regulatory and supervisory mechanism by formulating a long-term plan as well as a medium-term plan.

Question: 

Q.1 RBI’s medium-term strategy framework UTKARSH 2022 has a duration of?
a. 2020-2023
b. 2019-2024 
c. 2020-2022
d. 2019-2022
RBI Launched UTKARSH 2022 RBI Launched UTKARSH 2022 Reviewed by Neha on July 24, 2019 Rating: 5

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