Economics · Inflation Targeting
Under the Flexible Inflation Targeting framework, the Government of India has set the target inflation rate for the RBI at 4 percent. What is the upper and lower tolerance level for this target?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 15.5 percent and 2.5 percent
- 27 percent and 1 percent
- 36 percent and 2 percent✓
- 45 percent and 3 percent
Correct answer
6 percent and 2 percent
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