Question
As per recent economic survey, what role did the RBI's
monetary policy play in controlling core inflation in FY24?Solution
The RBI's monetary policy played a crucial role in controlling core inflation in FY24. The central bank increased the policy repo rate by 250 basis points between May 2022 and February 2023, which helped reduce inflationary pressures by absorbing excess liquidity in the economy. As a result, core inflation, which excludes volatile food and energy prices, declined to a four-year low by the end of FY24, demonstrating the effectiveness of the monetary policy transmission in curbing inflation.
The minister promised that buying agricultural produce below their MSP would soon making a criminal offence.
I was half inclined to turn and go back.
Select the most appropriate option that can substitute the Bold segment in the given sentence. If there is no need to substitute it, select ‘No substi...
Select the most appropriate option to substitute the bold segment in the given sentence. if there is no need no substitute it, select no improvement
If the news about our illegal activities will spread , it will be difficult to get along with them.
In each question below, a sentence is given with a part of it printed in bold type. That part may contain a grammatical error. Each sentence is followe...
Artificial Intelligence is a tremendous power technology that promises to transform the very nature of work, inevitably leading to the automation of cer...
Which of the phrases (a), (b), (c), (d) given below each sentence should replace the phrase printed in bold to make the sentence grammatically and con...
He don’t have enough time to complete the project.
She took the square tins and cut out some square (cakes) for the little boys.
