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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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