Question
According to a recent SBI report, what is the primary
reason for the expected inflation rate to remain around 5 percent for the fiscal year 2024-25 in India?Solution
The SBI report highlights that the Consumer Price Inflation (CPI) in India is expected to remain around 5 percent during the financial year 2024-25, with an observed rise to 5.08 percent in June 2024 primarily attributed to higher food and beverage prices. The impact of the monsoon season on food prices is significant, as adequate rainfall generally supports crop yields but excess rainfall can cause crop damage, leading to increased prices due to supply shortages. Thus, the high food and beverage prices are pinpointed as the main driver behind the expected inflation rate, making option C the correct answer. Other options like reduced industrial output, lower international oil prices, increased technology exports, and decreased consumer demand do not directly relate to the primary reason discussed in the SBI report for the anticipated inflation rate.
- Mixture ‘D’ consists of milk and water in the ratio 4:5. Another mixture ‘E’ has milk and water in the ratio 3:7. If 90 litres of ‘D’ and 70 li...
"A 480-liter mixture of alcohol and water has alcohol and water in the ratio of 5: p. When 20 liters of water are added, the new ...
In a container ratio of milk and water is 3:4. 14 litres of mixture is removed and same quantity of water is added to the container. If the final ratio ...
In a mixture of milk and water, the ratio of milk to water is 5 : 3. How much water must be added to 24 litres of this mixture so that the ratio becomes...
364 ml of mixture ‘A’ contains milk and water in the ratio 2:5 respectively. If the quantity of milk in mixture ‘B’ is 37.5% more than that in m...
A mixture contains milk and water in the ratio 7:8, respectively. If half of the mixture is replaced with 8 litres of water, then the resultant mixture ...
A mixture of milk and water contains 30% water. On adding 18 litres of water, the quantity of milk becomes 50% more than that of water. Find the initial...
A container has only two types (P and Q) of oil in the ratio 3:2 respectively. When 90 litre of oil Q is added to the container the quantity of oil P be...
A container holds 640 litres of a solution of milk and water in the ratio 3:5. If (x + 20) litres of water is added, the new ratio of milk to water beco...
If 4 kg of metal of which 1/3rd is zinc and the rest is copper, be mixed with 5kg of metal, of which 1/6 is zinc and the rest is copper, then...
Relevant for Exams:
