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Multiple Choice Questions

What is the projected inflation for FY23 24 according to the Monetary Policy Committee whi...........

Current (GK) Indian Economy

What is the projected inflation for FY23-24 according to the Monetary Policy Committee, which met on 8, 9 and 10 August?

4.4 percent

5.0 percent

5.4 percent

5.8 percent

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Explanation:

The Monetary Policy Committee, which met on 8, 9 and 10 August, unanimously decided to keep the policy repo rate unchanged at 6.5 percent," RBI Governor Shaktikanta Das said. RBI has also raised the inflation projection from 5.1 percent to 5.4 percent for FY23-24 due to increased vegetable prices.

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