RBI initiates Survey

RBI initiates Survey

Question: Which of the following survey is initiated recently by RBI?
(a) Industrial Outlook Survey (IOS)
(b) Fiscal Policy Survey
(c) Budget Survey
(d) Monetary Policy Survey
Answer: (a)
Related facts:

  • Reserve Bank of India (RBI) initiated two surveys on January 28th, 2019. Industrial Outlook Survey (IOS) and Services and Infrastructure Outlook Survey (SIOS) to examine the current situation including the job scenario in India’s manufacturing, services and infrastructure sectors. Both are quarterly surveys which will inspect current scenario of various fields including condition of jobs.
  • IOS will be conducted by Hansa Research Group Pvt. Ltd. The survey of IOS would be based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment conditions and the price situation. The survey would also give detailed information of the performance of manufacturing sector.
  • SIOS will be conducted by Spectrum Planning India Ltd. The survey of SIOS would assess the current quarter`s (January- March 2019) business situation from selected companies in the services and infrastructure sectors in India, and will give an outlook for the coming quarter (April- June 2019).

Himanshu Shukla

Link:
https://www.business-standard.com/article/economy-policy/rbi-starts-two-quarterly-surveys-of-manufacturing-services-infra-sectors-119012100874_1.html