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      Question

      What was the retail inflation rate in India in

      September, marking an 8-year low?
      A 2.15% Correct Answer Incorrect Answer
      B 1.54% Correct Answer Incorrect Answer
      C 1.89% Correct Answer Incorrect Answer
      D 2.00% Correct Answer Incorrect Answer
      E 1.74% Correct Answer Incorrect Answer

      Solution

      Retail inflation in India fell to 1.54% in September, the lowest level in over 8 years, driven by declines in food and fuel prices. This rate was also below RBI’s lower comfort band of 2%, a level not seen since June 2017.

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