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08Jun 2024

CAUTION, NO CUTS AHEAD

Syllabus: GS 3: Indian Economy and issues relating to Planning, Mobilization of Resources. Effects of Liberalization on the Economy. Why in the News? The Reserve Bank of India (RBI) is unlikely to lower interest rates before October due to persistent high inflation, despite strong economic growth. The RBI’s focus remains on achieving its medium-term inflation …

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