Economics · Monetary Policy
Under the monetary policy framework in India, what is the target inflation rate based on the Consumer Price Index (CPI)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 12% with a tolerance band of +/- 2%
- 23% with a tolerance band of +/- 2%
- 35% with a tolerance band of +/- 2%
- 44% with a tolerance band of +/- 2%✓
Correct answer
4% with a tolerance band of +/- 2%
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