2019 · Q38
Consider the following statements :
- 1Inflation in India continued to be moderate during 2017-18.
- 2There was significant reduction in food inflation, particularly pulses and vegetables during the period.
Which of the statements given above is/are correct?
General KnowledgeIndian Economy
- A1 only
- B2 only
- CBoth 1 and 2
- DNeither 1 nor 2
Explanation
The Economic Survey 2017-18 recorded that CPI inflation in India remained moderate during 2017-18, averaging around 3.6 per cent. It also noted a significant decline in food inflation, with pulses and vegetables even recording deflation during the period. Both statements are therefore correct. Hence option C is correct.