Question

what are the challenges or effects faced by RBI during covid 19 pandemic (7-8 points) please note: not the measures taken by RBI, it's urgent guys​

Answer 1

The current banking challenge is the most intractable one even before COVID. RBI has a tendency to make a premature pronouncement of victory over any challenge that theydesire to solve. We get tired very quickly. From very high levels of fiscal deficit RBI would have a couple of years of very modest declines. So, from a very high level RBI could go to a slightly lower high level.