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Headline Inflation Declined from its Peak: FY22 witnessed lower CPI-Combined (CPI-C) based retail inflation as compared to FY21. During FY22, some sub-groups such as ‘oils & fats’, ‘fuel & light’ and ‘transport & communication’ reported high inflation. This was mainly driven by supply disruptions caused by pandemic-induced lockdowns. FY23, began with the Russia-Ukraine crisis that led to high headline inflation rate in April 2022. In FY23, retail inflation was mainly driven by higher food inflation, while core inflation stayed at a moderate level. Hence, statement 3 is incorrect. Retail Inflation Driven by Food Commodities: Retail price inflation mainly stems from the agriculture and allied sector, housing, textiles, and pharmaceutical sectors. Hence, statement 1 is correct. During FY23, ‘food & beverages’, ‘clothing & footwear’, and ‘fuel & light’ were the major contributors to headline inflation– the first two contributing more this fiscal than in the previous one. Hence, statement 2 is not correct. Within the ‘miscellaneous’ group, high inflation was observed in subgroups ‘household goods and services’ and ‘personal care and effects’ owing to the revival of consumer demand in the post-Covid-19 period.
The application of statistical methods to biological experiments is called?
Which one of the following equations to calculate the discharge through an orifice?
(a) 0 = 0 61 × 10 a √2 gh
(b) 0 = 00186 LH
Which of the following marketing concepts involves dividing a market into distinct groups of buyers based on their needs, characteristics, or behaviour,...
Heavy shedding of buds and bolls occurs in cotton due to:
Flavor of lemon grass is due to
Mulching is helpful in
The common name of Chilo partellus is
Leaf curl disease of cotton is due to
Beneficial elements of plant are:
A. Sodium
B. Vanadium
C. Selenium
D. Cobalt
Choose the correct answer from the options given below
_____________ is the raised ridge formed in the middle of a plowed field when plowing begins from the center. It's created as furrow slices are collecte...