BANK IBPS RRB PO Mock Test Series 2025 (Pre + Mains) Verbal Reasoning Statements and Inferences

Directions: Which of the following is an inference which can be made from the facts stated in the below paragraph?

It is now time for the government to worry about falling prices, especially of fuel. Retail inflation dropped to a 13-month low of 4.73% in October, as compared to 2.56% in September, primarily due to the Russia-Ukraine conflicts. Fuel prices fell by a huge 6.96 percentage points compared to a year ago and, at minus 2.61%, are now in deflationary territory for the second successive month. The fall in inflation is obviously good news for consumers, particularly those in urban India who are happy to pay less for their purchases; also for the Reserve Bank of India, which will now have more room for maneuvering in the matter of interest rates.

1
The situations of the economy in the past and the present have changed completely with respect to the governance of the economy in the country.
2
The government should understand that the State Bank is the main organization to control the autonomy and economy of the inflation-targeting framework of the country.
3
The government does not have any response to the falling inflation rates in the country though others would have jumped at it.
4
The government should not leave inflation at the hands of the State Bank in order to take all the calls regarding the set of its target.
5
Soaring food and energy prices are eroding real incomes, triggering a global cost-of-living crisis.
Share: WhatsApp Telegram X

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Other Tools: chatwiz.hivanix.in mmspace.hivanix.in unogame.hivanix.in

Quick Navigation

Home

Subjects

Chapters