Civil Services APPSC Group I Services Prelims Mock Test Series 2025 Current Affairs Business and Economy
Consider the following statements:
1. Imported inflation may increase as the rupee depreciates.
2. Since 60% of edible oil is imported, the weakening currency can directly contribute to its price increase.
3. Post-COVID, the Reserve Bank of India (RBI) has not decreased the policy rate.
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2, and 3