--- title: "Meaning & Key Takeaway of: The bottom line was that the scheme was a…" description: "\"“The bottom line was that the scheme was a measured risk, with a probability that the RBI would lose money, a certainty that the bankers would make mon..." image: "https://sms4smile.com/quotes/i/252/raghuram-g-rajan-28346_bottom-line_the-bottom-line-was-that-the-scheme-was_907908.jpg" --- # The bottom line was that the scheme was a measured risk… ![“The bottom line was that the scheme was a measured risk, with a probability that the RBI would lose money, a certainty that the bankers would make money, but also a reasonable chance that the country would be significantly better off.” quote by Raghuram G. Rajan](https://sms4smile.com/quotes/i/252/raghuram-g-rajan-28346_bottom-line_the-bottom-line-was-that-the-scheme-was_907908.jpg) [Download](https://sms4smile.com/quotes/i/252/raghuram-g-rajan-28346_bottom-line_the-bottom-line-was-that-the-scheme-was_907908.jpg) [Open image](https://sms4smile.com/quotes/i/252/raghuram-g-rajan-28346_bottom-line_the-bottom-line-was-that-the-scheme-was_907908.jpg) > ““The bottom line was that the scheme was a measured risk, with a probability that the RBI would lose money, a certainty that the bankers would make money, but also a reasonable chance that the country would be significantly better off.”” [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The plan involved a calculated risk where banks profit, the central bank may lose, but the nation could gain overall. **In simple terms:** Risk taken for national benefit despite possible losses. Key Takeaway Weigh systemic gains against individual losses. Themes risk economics policy tradeoffs Mood cautious analytical critical Type policy economic financial When to use this quote - banking reforms - government budgeting - investment decisions - public policy debates Key Concepts probability certainty public good Questions to Reflect On - Is the potential national benefit worth the guaranteed loss for the RBI? - How can policymakers ensure equitable outcomes? A Different Perspective Assumes the gain outweighs the loss, which may not hold in practice. ★ ★ ★ ★ ★ No ratings yet [Bottom line](https://sms4smile.com/quotes/about/bottom-line/) [Money](https://sms4smile.com/quotes/about/money/) ## Related quotes > [“People simply do not understand numbers, risk, or probability, and few things can make discussion between experts and laypeople more frustrating than this “innumeracy,”…](https://sms4smile.com/quotes/thomas-m-nichols/people-simply-do-not-understand-numbers-risk-or-probability-and-few/) [Thomas M. Nichols](https://sms4smile.com/quotes/author/thomas-m-nichols/) > [Two to 4% of cancers respond to chemotherapy…The bottom line is for a few kinds of cancer chemo is a life extending procedure-Hodgkin's disease,…](https://sms4smile.com/quotes/ralph-w-moss/two-to-4-of-cancers-respond-to-chemotherapy-the-bottom-line-is-for-a/) [Ralph W. Moss](https://sms4smile.com/quotes/author/ralph-w-moss/) > [With a reality show, the bottom line is, there's no plot; there's no finale.](https://sms4smile.com/quotes/kate-gosselin/with-a-reality-show-the-bottom-line-is-there-s-no-plot-there-s-no/) [Kate Gosselin](https://sms4smile.com/quotes/author/kate-gosselin/) > [If you look at the statistics, I genuinely understand why when we go to a production company or a broadcaster, and they say our…](https://sms4smile.com/quotes/joivan-wade/if-you-look-at-the-statistics-i-genuinely-understand-why-when-we-go/) [Joivan Wade](https://sms4smile.com/quotes/author/joivan-wade/) > [The bottom line on attitude is that a good one helps to increase your possibilities. Pessimists usually get what they expect. So do optimists.](https://sms4smile.com/quotes/john-c-maxwell/the-bottom-line-on-attitude-is-that-a-good-one-helps-to-increase-your/) [John C. Maxwell](https://sms4smile.com/quotes/author/john-c-maxwell/) > [One of two things when the guy you're dating isn't really ready to commit. He's an a\*\*hole and he's cheating on you; bottom line…](https://sms4smile.com/quotes/michael-catherwood/one-of-two-things-when-the-guy-you-re-dating-isn-t-really-ready-to/) Michael Catherwood > [Bottom line is, work ethic equals dreams, and I am walking proof that that's a fact.](https://sms4smile.com/quotes/diamond-dallas-page/bottom-line-is-work-ethic-equals-dreams-and-i-am-walking-proof-that/) [Diamond Dallas Page](https://sms4smile.com/quotes/author/diamond-dallas-page/) > [I'm very grateful to be where I'm at and be able to play. That's really the bottom line for me. Survival and being able…](https://sms4smile.com/quotes/terry-bozzio/i-m-very-grateful-to-be-where-i-m-at-and-be-able-to-play-that-s/) [Terry Bozzio](https://sms4smile.com/quotes/author/terry-bozzio/) > [The political satirist usually votes against their own interests, but the bottom line is that it doesn't really matter.](https://sms4smile.com/quotes/lizz-winstead/the-political-satirist-usually-votes-against-their-own-interests-but/) [Lizz Winstead](https://sms4smile.com/quotes/author/lizz-winstead/) > [The bottom line, in the professional level, no matter where you go, there's going to be competition. That's what it is. At the end…](https://sms4smile.com/quotes/scott-tolzien/the-bottom-line-in-the-professional-level-no-matter-where-you-go/) [Scott Tolzien](https://sms4smile.com/quotes/author/scott-tolzien/) > [I would have had a clause in my contract; I would've definitely put some fine print in my contract that said, "If the president…](https://sms4smile.com/quotes/joe-budden/i-would-have-had-a-clause-in-my-contract-i-would-ve-definitely-put/) [Joe Budden](https://sms4smile.com/quotes/author/joe-budden/) > [Well, the bottom line is that I'm extremely pleased with 'The Stupids.' I'm pleased that it's coming out, and it should look good. It's…](https://sms4smile.com/quotes/john-landis/well-the-bottom-line-is-that-i-m-extremely-pleased-with-the-stupids-i/) [John Landis](https://sms4smile.com/quotes/author/john-landis/) > [I plead with my Moonlight fans to give this show a chance if they let me give it a chance. I can’t do Moonlight…](https://sms4smile.com/quotes/alex-o-loughlin/i-plead-with-my-moonlight-fans-to-give-this-show-a-chance-if-they-let/) [Alex O'Loughlin](https://sms4smile.com/quotes/author/alex-o-loughlin/) > [Cheer up. You're not going to be single forever. Bottom line is, you're young. Don't base your future on your past.](https://sms4smile.com/quotes/anonymous/cheer-up-you-re-not-going-to-be-single-forever-bottom-line-is-you-re/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Filmmaking, like sex, isn't a polite enterprise. It involves a lot of mess and the bottom line is, if somebody ain't screaming, you're not…](https://sms4smile.com/quotes/james-woods/filmmaking-like-sex-isn-t-a-polite-enterprise-it-involves-a-lot-of/) [James Woods](https://sms4smile.com/quotes/author/james-woods/) ## More by Raghuram G. Rajan > [“Policy making invariably involves taking measured risks in the face of uncertainty, for one has neither a prior template nor the luxury of indecision.”](https://sms4smile.com/quotes/raghuram-g-rajan/policy-making-invariably-involves-taking-measured-risks-in-the-face/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“it is not because of the benevolence of the baker that we eat fresh bread every morning but because of his desire to make…](https://sms4smile.com/quotes/raghuram-g-rajan/it-is-not-because-of-the-benevolence-of-the-baker-that-we-eat-fresh/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“We have all been hacked, the only question is whether you know it or you don’t’.”](https://sms4smile.com/quotes/raghuram-g-rajan/we-have-all-been-hacked-the-only-question-is-whether-you-know-it-or/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“The personal checks and balances that most of us bring to bear when we are employed in other activities - we ask ourselves if…](https://sms4smile.com/quotes/raghuram-g-rajan/the-personal-checks-and-balances-that-most-of-us-bring-to-bear-when/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“Nationalism, coupled with great faith in the power of the government to enact domestic bargains between labor and capital, has been seen before: it…](https://sms4smile.com/quotes/raghuram-g-rajan/nationalism-coupled-with-great-faith-in-the-power-of-the-government/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“Policy making invariably involves taking measured risks in the face of uncertainty, for one has neither a prior template nor the luxury of indecision.…](https://sms4smile.com/quotes/raghuram-g-rajan/policy-making-invariably-involves-taking-measured-risks-in-the-face-2/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“It involves considerable change, and change is risky. But as India develops, not changing is even riskier. We have to keep what is good…](https://sms4smile.com/quotes/raghuram-g-rajan/it-involves-considerable-change-and-change-is-risky-but-as-india/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“firms do not borrow as much to invest when rates are higher and individuals stop buying durable goods against credit and, instead, turn to…](https://sms4smile.com/quotes/raghuram-g-rajan/firms-do-not-borrow-as-much-to-invest-when-rates-are-higher-and/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“Autobiographies are always written as if the author had it all mapped out with perfect foresight, ignoring the risks and uncertainties at that time.…](https://sms4smile.com/quotes/raghuram-g-rajan/autobiographies-are-always-written-as-if-the-author-had-it-all-mapped/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“As spontaneous organizations of the distressed emerge, professional politicians and political parties attempt to capture their energy toward their own electoral gain. Franklin Roosevelt,…](https://sms4smile.com/quotes/raghuram-g-rajan/as-spontaneous-organizations-of-the-distressed-emerge-professional/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“the single most important task in management is to pick good deputies,”](https://sms4smile.com/quotes/raghuram-g-rajan/the-single-most-important-task-in-management-is-to-pick-good-deputies/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“the rule of thumb’ referred historically to the maximum width of the stick with which a man could beat his wife without breaking the…](https://sms4smile.com/quotes/raghuram-g-rajan/the-rule-of-thumb-referred-historically-to-the-maximum-width-of-the/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“A forced equalization of wages that disregards the marginal contributions of different workers will deaden incentives and lead to a misallocation of resources and…](https://sms4smile.com/quotes/raghuram-g-rajan/a-forced-equalization-of-wages-that-disregards-the-marginal/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“Not taking risks one doesn't understand is often the best form of risk management.”](https://sms4smile.com/quotes/raghuram-g-rajan/not-taking-risks-one-doesn-t-understand-is-often-the-best-form-of/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) > [“Do not believe that you can find a universal remedy for evil conditions or immoral practices in effecting a fundamental change in society (as…](https://sms4smile.com/quotes/raghuram-g-rajan/do-not-believe-that-you-can-find-a-universal-remedy-for-evil/) [Raghuram G. Rajan](https://sms4smile.com/quotes/author/raghuram-g-rajan/) [Explore all 19 Raghuram G. Rajan quotes ](https://sms4smile.com/quotes/author/raghuram-g-rajan/) ## More Bottom line quotes > [Filmmaking, like sex, isn't a polite enterprise. It involves a lot of mess and the bottom line is, if somebody ain't screaming, you're not…](https://sms4smile.com/quotes/james-woods/filmmaking-like-sex-isn-t-a-polite-enterprise-it-involves-a-lot-of/) [James Woods](https://sms4smile.com/quotes/author/james-woods/) > [Cheer up. You're not going to be single forever. Bottom line is, you're young. Don't base your future on your past.](https://sms4smile.com/quotes/anonymous/cheer-up-you-re-not-going-to-be-single-forever-bottom-line-is-you-re/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [I plead with my Moonlight fans to give this show a chance if they let me give it a chance. I can’t do Moonlight…](https://sms4smile.com/quotes/alex-o-loughlin/i-plead-with-my-moonlight-fans-to-give-this-show-a-chance-if-they-let/) [Alex O'Loughlin](https://sms4smile.com/quotes/author/alex-o-loughlin/) > [Well, the bottom line is that I'm extremely pleased with 'The Stupids.' I'm pleased that it's coming out, and it should look good. It's…](https://sms4smile.com/quotes/john-landis/well-the-bottom-line-is-that-i-m-extremely-pleased-with-the-stupids-i/) [John Landis](https://sms4smile.com/quotes/author/john-landis/) > [I would have had a clause in my contract; I would've definitely put some fine print in my contract that said, "If the president…](https://sms4smile.com/quotes/joe-budden/i-would-have-had-a-clause-in-my-contract-i-would-ve-definitely-put/) [Joe Budden](https://sms4smile.com/quotes/author/joe-budden/) > [The bottom line, in the professional level, no matter where you go, there's going to be competition. That's what it is. At the end…](https://sms4smile.com/quotes/scott-tolzien/the-bottom-line-in-the-professional-level-no-matter-where-you-go/) [Scott Tolzien](https://sms4smile.com/quotes/author/scott-tolzien/) > [The political satirist usually votes against their own interests, but the bottom line is that it doesn't really matter.](https://sms4smile.com/quotes/lizz-winstead/the-political-satirist-usually-votes-against-their-own-interests-but/) [Lizz Winstead](https://sms4smile.com/quotes/author/lizz-winstead/) > [I'm very grateful to be where I'm at and be able to play. That's really the bottom line for me. Survival and being able…](https://sms4smile.com/quotes/terry-bozzio/i-m-very-grateful-to-be-where-i-m-at-and-be-able-to-play-that-s/) [Terry Bozzio](https://sms4smile.com/quotes/author/terry-bozzio/) > [Bottom line is, work ethic equals dreams, and I am walking proof that that's a fact.](https://sms4smile.com/quotes/diamond-dallas-page/bottom-line-is-work-ethic-equals-dreams-and-i-am-walking-proof-that/) [Diamond Dallas Page](https://sms4smile.com/quotes/author/diamond-dallas-page/) > [One of two things when the guy you're dating isn't really ready to commit. He's an a\*\*hole and he's cheating on you; bottom line…](https://sms4smile.com/quotes/michael-catherwood/one-of-two-things-when-the-guy-you-re-dating-isn-t-really-ready-to/) Michael Catherwood > [The bottom line on attitude is that a good one helps to increase your possibilities. Pessimists usually get what they expect. So do optimists.](https://sms4smile.com/quotes/john-c-maxwell/the-bottom-line-on-attitude-is-that-a-good-one-helps-to-increase-your/) [John C. Maxwell](https://sms4smile.com/quotes/author/john-c-maxwell/) > [If you look at the statistics, I genuinely understand why when we go to a production company or a broadcaster, and they say our…](https://sms4smile.com/quotes/joivan-wade/if-you-look-at-the-statistics-i-genuinely-understand-why-when-we-go/) [Joivan Wade](https://sms4smile.com/quotes/author/joivan-wade/) > [With a reality show, the bottom line is, there's no plot; there's no finale.](https://sms4smile.com/quotes/kate-gosselin/with-a-reality-show-the-bottom-line-is-there-s-no-plot-there-s-no/) [Kate Gosselin](https://sms4smile.com/quotes/author/kate-gosselin/) > [Two to 4% of cancers respond to chemotherapy…The bottom line is for a few kinds of cancer chemo is a life extending procedure-Hodgkin's disease,…](https://sms4smile.com/quotes/ralph-w-moss/two-to-4-of-cancers-respond-to-chemotherapy-the-bottom-line-is-for-a/) [Ralph W. Moss](https://sms4smile.com/quotes/author/ralph-w-moss/) > [The bottom line is that (a) people are never perfect, but love can be, (b) that is the one and only way that the…](https://sms4smile.com/quotes/tom-robbins/the-bottom-line-is-that-a-people-are-never-perfect-but-love-can-be-b/) [Tom Robbins](https://sms4smile.com/quotes/author/tom-robbins/) [Browse all 942 Bottom line quotes ](https://sms4smile.com/quotes/about/bottom-line/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“The bottom line was that the scheme was a measured risk, with a probability that the RBI would lose money, a certainty that the bankers would make money, but also a reasonable chance that the country would be significantly better off.”", "creator": { "@type": "Person", "name": "Raghuram G. Rajan" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/raghuram-g-rajan/the-bottom-line-was-that-the-scheme-was-a-measured-risk-with-a/", "about": { "@type": "Thing", "name": "Bottom line" }, "@id": "https://sms4smile.com/quotes/raghuram-g-rajan/the-bottom-line-was-that-the-scheme-was-a-measured-risk-with-a/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/252/raghuram-g-rajan-28346_bottom-line_the-bottom-line-was-that-the-scheme-was_907908.jpg", "contentUrl": "https://sms4smile.com/quotes/i/252/raghuram-g-rajan-28346_bottom-line_the-bottom-line-was-that-the-scheme-was_907908.jpg", "url": "https://sms4smile.com/quotes/i/252/raghuram-g-rajan-28346_bottom-line_the-bottom-line-was-that-the-scheme-was_907908.jpg", "width": 1080, "height": 1080, "caption": "“The bottom line was that the scheme was a measured risk, with a probability that the RBI would lose money, a…” — Raghuram G. Rajan", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Raghuram G. Rajan", "item": "https://sms4smile.com/quotes/author/raghuram-g-rajan/" }, { "@type": "ListItem", "position": 4, "name": "“The bottom line was that the...", "item": "https://sms4smile.com/quotes/raghuram-g-rajan/the-bottom-line-was-that-the-scheme-was-a-measured-risk-with-a/" } ], "@id": "https://sms4smile.com/quotes/raghuram-g-rajan/the-bottom-line-was-that-the-scheme-was-a-measured-risk-with-a/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```