RBI Grade B Officer (General / DEPR / DSIM) 2023 · Question 9 of 260

The Union government, in consultation with the RBI, fixes the inflation target for the central bank every five years. The Upper Tolerance level of Inflation is __ and in case of breach of the upper tolerance for _ quarters the report has to be submitted by RBI.

RBI / monetary policy

AA. 4.0%, three consecutive quarters
BB. 5.0%, two consecutive quarters
CC. 6.0%, two consecutive quarters
DD. 6.0%, three consecutive quartersCorrect
EE. 5.0%, three consecutive quarters

Answer: D. D. 6.0%, three consecutive quarters

Explanation

The Upper Tolerance level of Inflation is 6.0% and in case of breach of the upper tolerance for three consecutive quarters the report has to be submitted by RBI.

Source: RBI Grade B 2023 – Phase 1 recollected questions with answer key (EduTap compilation) · memory-based

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RBI Grade B Officer (General / DEPR / DSIM) 2023 · Question 9 of 260

The Union government, in consultation with the RBI, fixes the inflation target for the central bank every five years. The Upper Tolerance level of Inflation is __ and in case of breach of the upper tolerance for _ quarters the report has to be submitted by RBI.

RBI / monetary policy

AA. 4.0%, three consecutive quarters
BB. 5.0%, two consecutive quarters
CC. 6.0%, two consecutive quarters
DD. 6.0%, three consecutive quartersCorrect
EE. 5.0%, three consecutive quarters

Answer: D. D. 6.0%, three consecutive quarters

Explanation

The Upper Tolerance level of Inflation is 6.0% and in case of breach of the upper tolerance for three consecutive quarters the report has to be submitted by RBI.

Source: RBI Grade B 2023 – Phase 1 recollected questions with answer key (EduTap compilation) · memory-based

Practice the full RBI Grade B Officer (General / DEPR / DSIM) 2023 paper

Timed test with all 260 questions, just like the real exam.

Start test

The Union government, in consultation with the RBI, fixes the inflation target for the central bank every five years. The Upper Tolerance level of Inflation is ____________ and in case of breach of the upper tolerance for ___________ quarters the report has to be submitted by RBI.

Answer: D. D. 6.0%, three consecutive quarters

Explanation

The Union government, in consultation with the RBI, fixes the inflation target for the central bank every five years. The Upper Tolerance level of Inflation is ____________ and in case of breach of the upper tolerance for ___________ quarters the report has to be submitted by RBI.

Answer: D. D. 6.0%, three consecutive quarters

Explanation

The Union government, in consultation with the RBI, fixes the inflation target for the central bank every five years. The Upper Tolerance level of Inflation is __ and in case of breach of the upper tolerance for _ quarters the report has to be submitted by RBI.

The Union government, in consultation with the RBI, fixes the inflation target for the central bank every five years. The Upper Tolerance level of Inflation is __ and in case of breach of the upper tolerance for _ quarters the report has to be submitted by RBI.