Economics · Monetary Policy
Consider the following statements about the Inflation Targeting Framework in India: 1) The RBI targets Consumer Price Index (CPI) inflation. 2) The inflation target set by the Government in consultation with the RBI is 4% ± 2%. 3) It is primarily aimed at achieving price stability in the economy. Which of the statements given above are correct?
- 11 and 2 only
- 22 and 3 only
- 3All three✓
- 41 and 3 only
Correct answer
All three
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