According to Economic Survey 2022-23, consider the following statements:
1. RBI has projected headline inflation at 6.8 per cent in FY23, which is inside its target range.
2. Moderately high inflation has further ensured the anchoring of inflationary expectations preventing prices from weakening demand and growth in India.
Which of the above statements is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2