Economics · Monetary Policy
Under the current flexible inflation targeting framework in India, what is the target inflation level (comfort zone) set for the Reserve Bank of India?
- 14.0% with a tolerance band of +/- 2.0%✓
- 25.0% with a tolerance band of +/- 1.0%
- 33.0% with a tolerance band of +/- 1.5%
- 46.0% fixed rate benchmark
Correct answer
4.0% with a tolerance band of +/- 2.0%
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