GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is current inflation rate in India?
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4%
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4.54%
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3%
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3.34%
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Explanation:
Detailed explanation-1: -Annual rate of inflation based on all India Wholesale Price Index (WPI) is 3.85% (Provisional) for the month of February, 2023 (over February, 2022) against 4.73% in January, 2023.
Detailed explanation-2: -Basic Info. US Inflation Rate is at 6.04%, compared to 6.41% last month and 7.87% last year. This is higher than the long term average of 3.28%.
Detailed explanation-3: -The rate of inflation based on WPI Food Index increased from 0.65% in December, 2022 to 2.95% in January, 2023.
There is 1 question to complete.