Current Affairs · Monetary Policy
Which of the following statements are correct regarding RBI's 1st bi-monthly monetary policy statement of 2022-23? 1. India's Gross Domestic Product (GDP) growth projection was retained at 7.2% for FY23. 2. RBI hiked its Consumer Price Index (CPI) based inflation forecast for FY23 to 5.7%. 3. This projection was based on the assumption of crude oil (Indian basket) at $100 per barrel during FY23 and ongoing geopolitical tensions.
- 1Only 1 and 3 are correct
- 2Only 2 and 3 are correct✓
- 3Only 2 is correct
- 4Only 1 and 2 are correct
Correct answer
Only 2 and 3 are correct
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