Question

Which of the following statements regarding Utkarsh 2.0 is true?

1.    The Reserve Bank of India’s Medium-term Strategy Framework for the period 2023- 2025.

2.    ‘Utkarsh 2.0’ was launched by the Governor of  RBI.

3.      To strengthened trust of corporates

A 1 only Correct Answer Incorrect Answer
B 2 only Correct Answer Incorrect Answer
C 3 only Correct Answer Incorrect Answer
D A & B Correct Answer Incorrect Answer
E All of the above Correct Answer Incorrect Answer

Solution

Utkarsh 2.0 is the second phase of the RBI’s medium-term strategy for strengthening regulatory and supervisory mechanisms. It builds upon the foundation laid by Utkarsh 2022, which was launched in July 2019 and covered the period from 2019 to 2022. Utkarsh 2.0 will guide the RBI over the period from 2023 to 2025 to strengthened trust of citizens and institutions in the RBI.

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