State PCS PYQPrelims 2024

BPSC – Combined Competitive Examination · Question 54

According to the RBI, what was the forecast for headline (CPI) inflation in FY 2025?

  1. 5.0%
  2. 4.1%
  3. 5.5%
  4. 4.5%
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.