A
The rate of price increase that households and businesses expect to occur in the future
B
The total foreign exchange reserves held by commercial banks
C
The exact fiscal deficit target set by state governments for the upcoming quarter
D
The employment growth rate across rural manufacturing sectors
Correct answer: (a) The rate of price increase that households and businesses expect to occur in the future
Explanation
Inflation expectations refer precisely to the rate of price increase that households and businesses expect to occur in the future, which is captured by the RBI surveys to aid monetary policy. The other options refer to entirely different economic indicators.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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2017 · Q11 · General Studies · 2 marks
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2022 · Q10 · General Studies · 2 marks
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2018 · Q25 · General Studies · 2 marks
With reference to the provisions made under the National Food Security Act, 2013, consider the following statements: 1. The families coming under the category of 'below poverty line (BPL)' only are eligible to receive subsidized food grains. 2. The eldest woman in a household, of age 18 years or above, shall be the head of the household for the purpose of issuance of a ration card. 3. Pregnant women and lactating mothers are entitled to a 'take-home ration' of 1600 calories per day during pregnancy and for six months thereafter. Which of the statements given above is/are correct?