New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the current upper tolerance limit for inflation

    set by the RBI?
    A 4% Correct Answer Incorrect Answer
    B 5% Correct Answer Incorrect Answer
    C 6% Correct Answer Incorrect Answer
    D 7% Correct Answer Incorrect Answer
    E 8% Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India has set the upper tolerance limit for inflation at 6%. In October 2024, retail inflation breached this limit, reaching 6.2%, driven primarily by food price increases.

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