The Madras School of Economics (MSE), Chennai has won the National Level Round of RBI Policy Challenge’17 organised by the Reserve Bank of India, Mumbai.
A press release from MSE Officiating Director, Sunder Ramaswamy, said that the team comprising Aakash, Abhishek, Pranjal, Tuhin and faculty advisor Sartaj Rasool Rather was awarded certificates, trophy, cash prize of ₹1 lakh. They have also been invited for a three-month internship at the RBI Central Office, Mumbai.
Over 300 teams took part in the challenge in which the MSE team was asked to make a presentation on a suggested monetary policy in the final round. In the first round, they submitted an essay on ‘Inflation - an iniquitous tax’ and in the regional round, they made a presentation on consumer confidence survey.
The RBI Policy Challenge is a national-level competition to spread knowledge about framework for monetary policy and other related monetary and banking issues among the student community.