Economy & Business Current Affairs MCQs for UPSC, SSC, Banking Exams

11.

Which of the following remained elevated despite the overall easing of inflation in March 2024?

A Food prices

B Fuel prices

C Housing and clothing inflation

D Transportation costs

12.

What is a potential impact of moderating inflation on monetary policy?

A It may lead to an increase in the policy repo rate.

B It strengthens the case for maintaining an accommodative stance.

C It necessitates a tightening of monetary policy.

D It has no significant impact on monetary policy.

13.

What is the primary indicator used to measure India's retail inflation?

A Wholesale Price Index (WPI)

B Gross Domestic Product (GDP)

C Consumer Price Index (CPI)

D Index of Industrial Production (IIP)

14.

Which category primarily contributed to the easing of inflation in March 2024?

A Housing

B Clothing

C Food and beverages

D Fuel and light

15.

What was India's retail inflation rate in March 2024?

A 5.09%

B 4.83%

C 4.50%

D 5.25%

Economy & Business MCQs - 2026-04-15