Consider the following statements regarding the recent RBI policy announcement in October 2024:
- The repo rate was maintained at 6.5% for the tenth consecutive meeting.
- RBI’s GDP growth forecast for FY25 was revised to 8.5%.
- Headline inflation dropped to 3.6% in July and 3.7% in August 2024.
Which of the above statements is/are correct?
1
Only 1
2
Only 1 and 2
3
Only 1 and 3
4
Only 2 and 3
5
All 1, 2, and 3