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.
A branch and subsidiary are
‘Pusa Nasdar’ and ‘Pusa Chikni’ are the varieties of:
When scientist demonstrate the improved technology in the farmers’ field to increase the productivity and have higher yield and economic benefits vis ...
Which weathering process involves the breakdown of rocks by freezing and thawing of water?
The thorax is the middle section of the insect's body, and it contains the wings and legs. How many pairs of legs do insects typically have?
Consider the following statements and choose the correct statements:
(A). Sugarcane has kranz anatomy in their leaves
(B). Maize is a C�...
Given below are two statements:
Statement I: Taichung Native 1 is the first dwarf variety of rice developed by crossing.
Statement II: I...
Which soil texture class has a bulk density of approximately 1.6 g/cm³?
Which variety of Sorghum exhibits tolerance to drought and salinity?
Central Institute of Post-Harvest Engineering and Technology is located at----
