Question

In the last two years, Government leveraged an array of 80 HFIs representing industry, services , global trends, macro-stability indicators and several other activities, from both public and private sources to gauge the underlying state of the economy on a real-time basis. Which of the following is NOT among the eighty HFIs?

A Electricity Generation Correct Answer Incorrect Answer
B Scheduled domestic flights Correct Answer Incorrect Answer
C Traffic on roads Correct Answer Incorrect Answer
D ATM Withdrawals Correct Answer Incorrect Answer
E Capital Expenditure Correct Answer Incorrect Answer

Solution

Traffic on roads is not among the 80 HFIs used by government to gauge the underlying state of the economy on a real-time basis. Some of the important HFI used are e-way bill generation, GST collections, power consumption, mobility indicators, digital payments, satellite photographs, cargo movements, highway toll collections, fuel consumption, ATM withdrawals, bank credit, capacity utilization, demat accounts, domestic auto sales, EPFO subscribers outstanding, UPI transactions, etc.

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