RBI Hindi Book Scheme: Prize for Economics and Finance Authors
Why in the news
The Reserve Bank of India launched a scheme to promote original Hindi writing and research on economics, banking and finance by Indian academics.
Key facts
| Feature | Detail |
|---|---|
| Who can apply | Working or retired professors, UGC-recognised universities |
| Prize | ₹1,25,000 for each of 3 best entries |
| Book rules | Originally in Hindi; minimum 200 pages; published April 1, 2024 to March 31, 2025 |
| Deadline | June 30, 2025 |
| Gap rule | Two-time consecutive winners wait one year |
Evaluation
- Weightage: 60% content quality, 40% language and style.
- Committee: two professors from the subject, one from Hindi literature or linguistics, plus RBI officials.
Significance
- Promotes vernacular scholarship in finance.
Exam angle
- Also in June 2025: RBI began the 2024-25 round of its FLA survey for mutual funds and AMCs.