Inflation

Indian Economic System

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Download Solution PDF

What is RBI's "Inflation Band" in terms of Consumer Price Index (CPI)- New Series?

2-4%

3-5%

2-6%

4-6%

Explanation:

2-6%

The decision of the MPC is consistent with the neutral stance of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth.

Profile ResourcesReport error