What was the most important message flowing from Dr Jalan's speech?

• A. Major international events such as the Asian currency crisis and global market shocks are very important.
• B. India's fiscal deficit being completely unsustainable and it being the root cause of all its economic malaise.
• C. His declaring the central bank's rigidity to suggestions and feedback in the process of policy formulation.
• D. There can be no doctrinaire, orthodox, rule-bound approach to the financial markets and economics and more generally the social sciences.
• E. All of the above