As per the flexible inflation targeting framework in India, what is the target Consumer Price Index (CPI) inflation rate set for the Reserve Bank of India, along with its tolerance band?

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Economics · Monetary Policy

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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4% with a tolerance band of +/- 2%

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Answer 1

6% with a tolerance band of +/- 1%

Answer 2

3% with a tolerance band of +/- 2%

Answer 3

5% with a tolerance band of +/- 1%

Answer 4

4% with a tolerance band of +/- 2%

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