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09Aug 2024
RBI FACES UNCERTAINTY IN POLICY AMID RISING FOOD INFLATION
Syllabus: GS-3: Fiscal Policy, Monetary Policy, Food Processing, Growth and development, Mobilisation of resources Focus: The Reserve Bank of India(RBI’s) Monetary Policy Committee (MPC) recently held its August meeting, where it decided to keep the policy rate unchanged. The meeting highlighted concerns about rising food inflation, which remains a significant factor in shaping household inflationary …
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