Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 200)

2024-05-14 Economy

200.

What was India's retail inflation rate in April, according to government data?

4.83%

8.7%

5.2%

2.85%

Answer: Option

Explanation:

India's retail inflation eased to an 11-month low of 4.83% in April, as reported by government data. This figure falls within the Reserve Bank of India's tolerance band of 2-6%. While the overall inflation moderated, the food basket's inflation remained elevated at 8.7%, reflecting varying trends across different sectors in India's economy.