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      Question

      According to the RBI Annual Report 2023-24, what was

      India’s headline inflation rate for the fiscal year 2023-24?
      A 4.5% Correct Answer Incorrect Answer
      B 5.4% Correct Answer Incorrect Answer
      C 6.8% Correct Answer Incorrect Answer
      D 7.0% Correct Answer Incorrect Answer
      E 8.7% Correct Answer Incorrect Answer

      Solution

      Headline inflation in India moderated to 5.4% in 2023-24, driven by a decline in core and fuel prices, although food inflation remained high.

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