Question

Which one of the following regulatory bodies recently released State of the Economy report?

A SEBI Correct Answer Incorrect Answer
B IRDAI Correct Answer Incorrect Answer
C PFRDA Correct Answer Incorrect Answer
D RBI Correct Answer Incorrect Answer
E NABARD Correct Answer Incorrect Answer

Solution

· RBI recently released State of the Economy report. · As per that report, prices of food items like cereals, pulses, and edible oils rose or remained steady in May. · However, it observed that the Monetary Policy Committee’s (MPC’s) surprise move to increase interest rates bodes well for its credibility.

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