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Which of the following cities was NOT included in the July 2024 round of the Reserve Bank of India's Consumer Confidence Survey?
Question

Which of the following cities was NOT included in the July 2024 round of the Reserve
Bank of India's Consumer Confidence Survey?

A.

Lucknow

B.

Mumbai

C.

Ranchi

D.

Kochi

Correct option is D

The correct answer is: (d) Kochi
Explanation:
The Reserve Bank of India (RBI) conducts the Consumer Confidence Survey (CCS) to assess households' perceptions and expectations regarding the general economic situation, employment, price levels, income, and spending.
In the July 2024 round, the survey was conducted in 19 major cities.​
Information Booster:
  • The July 2024 survey was conducted from July 2 to July 11, 2024, covering 6,062 respondents across the selected cities.​

  • ​The survey results indicated a decline in consumer confidence for the current period, with the Current Situation Index (CSI) falling to 93.9 from 97.1 in the previous round​

  • The survey provides valuable insights into consumer sentiment, which are crucial for formulating monetary policy.

  • Cities Included: Lucknow, Mumbai, Ranchi, among others.

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