Start learning 50% faster. Sign in now
Food inflation based on Consumer Food Price Index (CFPI) climbed to 7.0 per cent in FY23 from 3.8 per cent in FY22. Though the increase in food inflation is broad-based, the major contributors are vegetables, cereals, milk and spices. Since September 2022, double-digit inflation has been observed in cereals. To check the soaring prices of wheat and rice, the government has prohibited the export of wheat products and imposed an export duty on rice. To insulate vulnerable sections from the rise in prices, the Government has launched a new integrated food security scheme, ‘Pradhan MantriGaribKalyanAnn Yojana’ on 1 January 2023, to provide free foodgrains to more than 80 crore beneficiaries. Hence, statement 1 is correct. Inflation in pulses remained muted owing to higher production and measures taken by the government in terms of maintaining a buffer stock and reduction of import duties and cess on pulses. Hence, statement 2 is correct. International prices of edible oils surged in FY22 owing to a shortfall in global production and an increase in export tax levies by various countries, it has increased the prices, not decreased. Hence, statement 3 is not correct.
The ratio of males and females in a zoo is 4:5 respectively and the percentage of children among males and the percentage of children among females are ...
The ratio between two numbers is 1:2. If each number is increased by 8, the ratio between then become 5:6, find the difference between numbers.
P, Q, and R began a business with their investments in the ratio 3:5:6. The profits were distributed in the ratio of 12:54:35 among P, R, and Q, respect...
The ratio of two numbers is 3:5. If each number is decreased by 5, the ratio becomes 5:9. Find the smaller numbers.
Three numbers are in ratio 5:6:7. If the sum of the squares of those three numbers is 440 then find the sum of the three numbers.
The ratio of income of A, B, C is 7:9:12 and the ratio of expenditure is 8:9:15. If A saves 1/4 of his income, then what will be the ratio of their savi...
The ratio of the two numbers is 4:7. 110% of the first number is equal to the 80% of the second number. Find the sum of both the numbers.
The price of sugar is increased by 15%. If the expenditure is not allowed to increase, the ratio between the reduction in consumption and the original c...
In a collection of coins consisting of 20-paise, 25-paise, and 50-paise denominations, the coins are present in a ratio of 45:32:14. The combined value ...
Find the mean proportional of 2.56 and 8.41.