New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    As per the meeting of the Monetary Policy Committee in

    Dec 2022, CPI Inflation is projected at ____ % in 2022-23.
    A 6.1 Correct Answer Incorrect Answer
    B 6.2 Correct Answer Incorrect Answer
    C 6.5 Correct Answer Incorrect Answer
    D 6.7 Correct Answer Incorrect Answer
    E 6.9 Correct Answer Incorrect Answer

    Solution

    The MPC had retained its inflation forecast for the current financial year at 6.7 percent.CPI inflation is seen at 6.6 percent in October-December versus the 6.5 percent projected earlier. In January-March, headline retail inflation is seen at 5.9 percent versus 5.8 percent estimated earlier. For the first quarter of the next financial year, the MPC has retained its inflation forecast at 5 percent while the price gauge is seen at 5.4 percent in the second quarter of the next financial year.

    Practice Next

    Relevant for Exams: