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The RBI's monetary policy played a crucial role in controlling core inflation in FY24. The central bank increased the policy repo rate by 250 basis points between May 2022 and February 2023, which helped reduce inflationary pressures by absorbing excess liquidity in the economy. As a result, core inflation, which excludes volatile food and energy prices, declined to a four-year low by the end of FY24, demonstrating the effectiveness of the monetary policy transmission in curbing inflation.
In 2023, Indian farmers were implicitly taxed a significant amount through export restrictions and price policies. What was this estimated tax amount?
Which organization approved Zurich Insurance's acquisition of a 70% stake in Kotak General?
Which state has built 650,000 rural homes in the last decade as per the PMAYGrameen scheme update?
What is India’s projected share in global consumption at purchasing power parity (PPP) by 2050?
What was the theme of the UNAIDS report released in 2024?
Dhap dance, a classical folk dance, is performed by which tribal community?
According to the latest data released by the Reserve Bank of India, the gross foreign direct investment (FDI) flows witnessed a decline of nearly 16 per...
Which Australian fintech company acquired Tata Communications Payment Solutions Ltd (TCPSL)?