Current Affairs · Monetary Policy & Inflation Targeting
Consider the following statements regarding India's inflation-targeting framework: 1. The retail inflation target has been retained at 4% for the period from 1 April 2026 to 31 March 2031. 2. The tolerance band remains ±2%, implying a target range of 2% to 6%. 3. The statutory inflation-targeting framework is governed under Section 45ZA of the RBI Act, 1934. Which of the above statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3✓
- 22 and 3 only
- 31 and 2 only
- 41 only
Correct answer
1, 2 and 3
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