B.P.S.C. CDPO 2018
The Reserve Bank of India is using which of the following inflation indices as the anchor for 'Inflation Targeting'?
aWPI
bGDP deflator
cCPI - combined✓ Correct
dCPI - industrial workers
eNone of the above/More than one of the above
Explanation
The Reserve Bank of India uses CPI–Combined as the anchor for the inflation target. The following types of CPI are: (i) CPI for Industrial Workers (ii) CPI for Agricultural Labourers (iii) CPI for Rural Labourers (iv) CPI (Rural/Urban/Combined)
economic-social-development