BPSC – Combined Competitive Examination · Question 54
According to the RBI, what was the forecast for headline (CPI) inflation in FY 2025?
Show answer & explanation
Answer: (D) 4.5%
Explanation
In its 2024 policy reviews the RBI projected FY25 CPI inflation at 4.5%.
- (A) Incorrect
Wrong: higher than the RBI's projection.
- (B) Incorrect
Wrong: lower than the RBI's projection.
- (C) Incorrect
Wrong: higher than the RBI's projection.
- (D) Correct
Correct: the RBI projected CPI inflation at 4.5% for FY 2024-25.