According to the RBI rsquo s survey consumer confidence dropped to six years low in September 2019 t...........

Economic and Social Issues Monetary and Fiscal Policy

According to the RBI’s survey, consumer confidence dropped to six years low in September 2019, the survey measures consumer perception (current and future) on five economic variables. Which one is not one of the variables?

Savings

Income

Economic Situation

Employment

Spending

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Explanation:

The consumer confidence dropped to six years low in September 2019, revealed the RBI's monetary policy which was released on Friday. The Current Situation Index (CCI) reached 89.4 in the September 2019 round of the survey. Consumer Confidence survey is conducted by the Reserve Bank of India (RBI) in major cities of India over 5,000 respondents. The survey measures consumer perception (current and future) on five economic variables - economic situation, employment, the price level, income and spending.