Q2.
(a) What is twin balance sheet problem ? Explain how a State-sponsored bad bank will deal with this problem ? (200 words)
(b) "Glasgow Climate Change Conference (COP26), 2021 proposes accelerated action towards Paris Agreement." Explain elaborating actions suggested on temperature control and transfer of funds from developed to less developed (developing) countries. (200 words)
(c) "Human Poverty Index (HPI) is a better measure of human development than Human Development Index (HDI)." Explain.
(d) What is retail direct scheme of RBI for investment in Government securities ? What are the advantages of this scheme? (125 words)