Central Banks and the Arbi

Central banks around the world are given different mandates. The ar b i was established in 19 35, initially under the even of the british rule and so on. But independent in india, arbi was given multiple mandate because we were in a position where price stability was not seen to be the primary concern,. And so arbia was tarsed with looking after growth and thereby jobs, and, of course, price stability. Now these are the two most commonly found mandates across the world.