Question
According to the data released by the National
Statistical Office (NSO), Consumer Price Index-based inflation rate rose to a three-month high at ___.Solution
According to the data released by the National Statistical Office (NSO), Consumer Price Index-based inflation rate rising unexpectedly to a three-month high at 6.52 per cent (Rural-6.85, Urban-6.00) in January, from 5.72 per cent in December due to hike in prices of goods including food and beverage, housing, and services, with food prices having the highest rise.
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Under Section 30 of the Payment and Settlement Systems Act, 2007, the RBI is empowered to impose a penalty on a payment system provider for contraventio...
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