Question

What is the highest inflation tolerance band as agreed by the RBI and the Government of India?

A 4% Correct Answer Incorrect Answer
B 4.5% Correct Answer Incorrect Answer
C 5% Correct Answer Incorrect Answer
D 6% Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Indications are that inflation has peaked in April itself and will fall within the upper tolerance band of 6 percent in the first quarter of FY'23-24.

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