2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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5.59%
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4.56%
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7.65%
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2.23%
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Detailed explanation-1: -CPI Inflation Rate July, IIP Growth Rate June 2022 Updates: The retail inflation, measured by the Consumer Price Index (CPI), eased to 6.71 per cent in July.
Detailed explanation-2: -The number has remained above RBI’s tolerance band of 2-6 percent for the eighth consecutive month. Sequentially, the headline inflation grew by 0.52 percent from 0.46 percent in July. Food inflation in August 2022 came in at 7.62 percent as against 6.75 percent in the preceding month.
Detailed explanation-3: -Point to point rate of inflation based on the CPI-AL and CPI-RL stood at 6.94% & 7.26% in August, 2022 compared to 6.60% & 6.82% respectively in July, 2022 and 3.90% and 3.97% respectively during the corresponding month of the previous year.
Detailed explanation-4: -CPI Inflation Rate August, IIP Growth Rate July 2022: Retail inflation spikes to 7% in August, IIP grows 2.4% in July.
Detailed explanation-5: -The country’s retail inflation, which is measured by the consumer price index (CPI), dropped to a 1-year low of 5.72% in Dec. 2022 from 5.88% in Nov. 2022.