Consider the given three statements with respect to the latest State of the Economy report of RBI and choose the appropriate option.

  1. Sales of fast-moving consumer goods (FMCG) products increased by 12 per cent (y-o-y), driven by double digit growth in commodities and packaged food. 
  2. Robust performance was recorded by exports of electronic goods and gems and jewellery, the latter benefitting from strong demand in the Saudi Arabia post implementation of the Comprehensive Economic Partnership Agreement (CEPA). 
  3. While the persistence of headline CPI inflation above the tolerance band for two consecutive quarters (up to September) will trigger mandated accountability processes, monetary policy remains focussed on realigning inflation with the target.

1
Only 1 and 2 are correct
2
Only 1 is correct
3
Only 2 and 3 are correct
4
Only 3 is correct
5
None of these

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation