General Knowledge · Inflation Framework
With reference to India's inflation targeting framework extended for the current period, consider the following statements: 1. The inflation target continues to be 4% with a tolerance band of ±2%. 2. The target is notified by the Central Government in consultation with the RBI. 3. The framework applies only to WPI inflation. Which of the statements given above is/are correct?
- 11 only
- 22 and 3 only
- 31, 2 and 3
- 41 and 2 only✓
Correct answer
1 and 2 only
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