MCQOPTIONS
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| 1. |
The days when inflation could topple governments appear to be gone. It is now time for the government to worry about falling prices, especially of food. Retail inflation dropped to a 17-month low of 2.33% in November, as compared to 3.31% in October, primarily due to the fall in the prices of various essential food items. Which among the following can be inferred from the above passage? |
| A. | The government should not leave inflation at the hands of the RBI in order to take all the calls regarding the set of its target. |
| B. | The government should understand that the RBI is the main organization to control the autonomy and economy of the inflation targeting framework of the country. |
| C. | The situations of the economy in the past and the present have changed completely with respect to the governance of economy in the country. |
| D. | The government does not have any response to the falling inflation rates in the country though others would have jumped at it. |
| E. | None of the above |
| Answer» D. The government does not have any response to the falling inflation rates in the country though others would have jumped at it. | |