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      Question

      What was a key factor contributing to the easing of

      India's retail inflation to 5.5% in November 2024?
      A Increased rural spending Correct Answer Incorrect Answer
      B Price drops in the 'food & beverages' category Correct Answer Incorrect Answer
      C Government subsidies on energy Correct Answer Incorrect Answer
      D Reduction in GST rates Correct Answer Incorrect Answer
      E Decrease in industrial production Correct Answer Incorrect Answer

      Solution

      The decline in inflation was largely attributed to lower prices in the food and beverages category, as noted by the NSO.

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