*  *  Introduction  Communication is part of the professional hazards that central bankers face as a routine. The responses as well as measures are mostly ‘measured’. Financial markets watch our pauses, and some punctuation marks in the text of a statement have the distinct possibility of getting transmitted through the movement of a few points in the yield curve.
Faced with such grave consequences that can be measured in millions of rupees or dollars, communication in central banking becomes really a very serious matter. Is it true for central banking only? Perhaps not: after all, communication in general is a complex process.