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BW Businessworld

Readers Favour Second Term For Raghuram Rajan: BW-MRSS Survey

People want a tighter policy to keep inflation in check and support Rajan over Finance Minister Arun Jaitley's view for easing the interest rate regime, according to the survey conducted BW Businessworld in association with MRSS

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Quick Snapshot of the results
  • Readers have given a verdict in favour of Reserve Bank of India (RBI) Governor Raghuram Rajan and feel that he deserves a second term at the central bank.
  • On the ongoing debate between Subramanian Swamy and Rajan, readers have fairly disagreed with Swamy's comment that the RBI chief has an American mindset and he should be ousted.
  • Readers do not agree that Rajan has done more harm by upholding the high interest rate regime.
  • Business readers also feel that the RBI governor has been a strong stabilizing factor towards targeting unsustainable credit growth and bad loans.
  • On deep diving, it is noticed that readers are more favourable towards a tighter policy to keep inflation in check and support Rajan over Finance Minister Arun Jaitley, who has a more liberal view of easing the interest rate regime for accelerating growth.
  • When readers were asked about who do they feel deserves to be next RBI Governor half the readers named Rajan.

Detailed response to every question:

Q1. On the scale of 1 – 5 where 1 is ‘Strongly Disagree’ and 5 is ‘Strongly Agree’, please tell me in your opinion do you agree with Subramanian Swamy that the RBI governor Raghuram Rajan should be ousted as he has an ‘American mindset’?



Q2. During the ongoing tenure of Raghuram Rajan’s as Governor of RBI, On the scale of 1 – 5 do you agree that Raghuram Rajan has done more harm than good by upholding a high interest regime that has slowed growth and hurt industries?



Q3. Basis on the ongoing tenure of RBI Governor, On the scale of 1 – 5 do you agree that Raghuram Rajan has been a stabilizing factor targeting unsustainable credit growth and NPAs (Non-Performing Asset) in banks?




Q4. There has been a continuing clash between Finance Minister Arun Jaitley, who is for a more liberal interest rate regime for growth, and Raghuram Rajan who wants a tighter policy to keep inflation in check. Who do you support – Arun Jaitley or Raghuram Rajan?



Q5. Now that the RBI Governor’s tenure will come up for extension in the month of August this year. On the scale of 1 – 5 do you agree that Raghuram Rajan deserve a second term?



Q6. Now that the RBI Governor’s tenure will come to end as per your opinion who does you think deserves to be the next RBI Governor?



Survey methodology and respondent profiles:




About MRSS

MRSS India, a marketing research company listed on the BSE SME Exchange, offers a wide range of Qualitative and Quantitative Research Services nationally and internationally