Practice

Unlimited, untimed. Explanations right after.

Consider the following pairs regarding India's monetary policy and inflation management framework:

Pairs

  1. RBI's inflation target band — 2% to 6% CPI, with 4% as the midpoint
  2. Repo rate stance shift — From 'neutral' to 'calibrated tightening' following a rate hike
  3. Imported inflation buffer — RBI supplying direct dollar liquidity to private-sector banks

Which of the pairs given above is/are correctly matched?

Options