Question

The Economic Survey 2024-25 heavily emphasizes the "Core Inflation" trajectory in India. Core inflation is conceptually a more robust indicator for long-term monetary policy formulation because it:

A Includes highly volatile food prices to reflect ground realities.
B Excludes volatile components like food and fuel to capture underlying demand pressures.
C Is calculated directly by the Reserve Bank of India rather than the NSO.
D Focuses exclusively on rural consumption patterns.
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