Current Affairs · Monetary Policy Framework
Consider the following statements regarding the extended inflation targeting framework (2026-2031): 1. The retail inflation target is set at 4% with a tolerance band of 2% to 6%. 2. The RBI is required to provide an accountability report if inflation remains outside the target range for three consecutive quarters. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 only
- 22 only
- 3Both 1 and 2✓
- 4Neither 1 nor 2
Correct answer
Both 1 and 2
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