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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.
Directions : In each of the following questions a sentence is given with one blank. You have to fill the blank with one of the words given as options...
Fill up the blank with the word that makes the sentence grammatically and contextually correct.
Either my father or my brothers ___________ c...
Yossarian wanted out. He knew the war just didn’t make sense. Men went mad and were rewarded with medals. All over the world, boys on every side of th...
Fiscal and monetary support __________ the handful of Indians who could take loans.
Though open to the sky, it still _______ its majesty.
My brother would tell me stories about the War which I would later attempt ________ in the headlines in the newspaper.
Her unexpected visit was ________ to everyone at the party.
Select the most appropriate option to fill in the blank.
It is mainly due to Ravi’s lethargy that the plan fell _____.
Sentences are given below with a blank. Fill in these blanks with the appropriate option.
The young boy's __________ smile brightened up the ro...
The Sun ……… water to evaporate and rise up and this ……… again as rains.