RESEARCH QUESTIONNAIRE

THIS RESEARCH IS PURELY FOR ACADEMIC PURPOSE

DIRECTIONS TO FILL:
(1)The purpose behind getting this form filled is to do research on the topic
“The role of central banks during recession – FOCUS ‘RBI’”

(2) Please type your answers in the space provided and email the questionnaire back
to me at helinisar9@gmail.com

Name: -___Chitra Thomas

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Profession: -____Lecturer
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Designation: -_Head of Dept. of Economics
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Institution: -__N.M. College
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Question 1: -
Throw some light on the major difference between The Great Depression of 1929
and the present recession.
____The factors leading to the two are entirely different. While the recession of
2007-08 had its origins in the financial sector, brought on largely due to subprime
lending, that of 1929 started with the crash of the stock market in US. Other causes
are the huge inequality in income distribution in the US, oversupply of goods and
deficiency of aggregate demand. The countries in Europe and the US followed a
protectionist policy to safeguard their industry and agriculture, which further
aggravated the situation.
The manner in which the crisis was handled by the govts in the two recessions was
vastly different. Govts. today move more quickly to tackle such situations. The
monetary and fiscal tools are vastly superior.
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Question 2: -
Did the recession that originated in U.S due to Sub – Prime crises have a major
impact on India?
_____India was affected to an extent.
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Question 3: -
In order to combat recession the government and the RBI took various measures
took inject liquidity back in the market. These measures had some severe
implication like inflation. Are these measures justified? Why.
_________Justified. Recession has to be tackled. Depression is worse than
inflation.
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Question 4: -
According to you what measures should RBI take to bring back the economy to
Normal?
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____________Normal is difficult to describe. RBI has been taking the right steps at
the right
time._______________________________________________________________
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