The Economic Survey for 2023-24 questioned the merits of India’s inflation targeting regime, which aims at a headline inflation rate of 4% with a band of 2% on either side. It mused aloud whether a regime that targets inflation, excluding food prices, would be more appropriate in the Indian context, especially given the unintended effect […]
Should RBI target Core Inflation or Headline Inflation Read More »
“Inflation, public enemy number one” Gerald Ford Inflation – Terms “Inflation means that your money won’t buy as much today as you could yesterday“ Inflation reduces the purchasing power of money. It hurts the poor more as a greater proportion of their incomes are needed to pay for their consumption. Inflation reduces the savings, pushes
Inflation – Concepts, Impact and Measures Read More »
1. In India, which one of the following is responsible for maintaining price stability by controlling inflation? (a) Department of Consumer Affairs (b) Expenditure Management Commission (c) Financial Stability and Development Council (d) Reserve Bank of India 2.With reference to Indian economy, demand-pull inflation can be caused/increased by which of the following? Expansionary policies Fiscal
Inflation – Indian Economy, Previous Year Questions(UPSC CSE)(2011-24) Read More »
