Consider the following statements:
Assertion (A): Retail inflation is reported to have eased to a level of 5.05% in August, 2016.
Reason (R): This has been possible due to slower rate of increase in vegetables and food prices.
Select the correct answer using the codes given below:
Codes:
In August 2016, India's retail inflation, measured by the Consumer Price Index (CPI), eased to 5.05%, as reported by various economic sources like the Ministry of Statistics and Programme Implementation (MOSPI). This decline in inflation was largely attributed to a slower rate of increase in vegetable and food prices, particularly in comparison to previous months. Hence, both the assertion and the reason are correct, and the reason appropriately explains the assertion.
What does the term 'frictional unemployment' refer to in economics?
Which of the following is/are related to the Special Economic Zone (SEZ)?
I. Import of goods for free domestic procurement or operations, maintenance and development of SEZ units.
II. There is a single window clearance for central and state level approvals.
III. Customs officials do not go for regular inspection of goods for import and export.
Which of the following indicators does not forecast but merely confirms a long-term trend?
What percentage of the Indian population was dependent on agriculture around the time of independence?
The term “Insider Trading” is related to which of the following?
Real money supply in an economy increases due to:
According to the H.P. Economic Survey 2016–17, how many silk yarn reeling units have been set up in Kangra District in the private sector?
