📝 One-liners · 65 cards
Climate Change, Green Finance and Central Banking
Money Market — Regulator / Governing Statute / Anchor?
Regulator: Reserve Bank of India (RBI); Governing Statute / Anchor: RBI Act, 1934
Which committee (1985) first made comprehensive recommendations for developing the Indian money market?
Chakravarty Committee (formally: Committee to Review the Working of the Monetary System, chaired by Dr. Sukhamoy Chakravarty)
Government Securities Market — Regulator / Governing Statute / Anchor?
Regulator: Reserve Bank of India (RBI); Governing Statute / Anchor: RBI Act, 1934 (Sec. 17(8)); Securities Contract (Regulation) Act, 1956 (Sec. 16)
Which 1987 working group proposed widening and deepening of the money market through new instruments and freer interest rates?
Vaghul Committee (Working Group on the Money Market, chaired by Shri N. Vaghul)
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