Consider the following items:
(1) Food products
(2) Energy
Which of the items given above are mainly responsible for the Core Inflation?

Only 1

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Only 2

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Both 1 and 2

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Neither 1 nor 2

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Solution

The correct option is C Both 1 and 2
Core inflation excludes commodities which experience sudden spikes and transitory price changes. Such commodities include food and energy which are not included in the measurement of core inflation.

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Similar questions

Consider the following statements and choose the option which is correct.

(1) Inflation targeting focuses mainly on achieving price stability as the ultimate objective of Monetary policy.

(2) Monetary policy & fiscal policy have to converge for achievement of inflation targeting.

(3) The basket of items in CPI does not include machinery, chemicals etc.

Q. Consider the following factors:Which of the above factors would cause a gradually varied flow?
(a) 1, 2, 3, and 4 (b) 1, 2, and 3 only
(c) 2 and 4 only (d) 3 and 4 only

A is true but R is false
both A and R are true and R is the correct explanation of A
both A and R are true but R is not a correct explanation of A
A is false but R is true

Q34) In the past few months, the two main inflation indicators — the Wholesale Price Index (WPI) and the Consumer Price Index (CPI) — are moving in widely divergent directions. Consider the following statements:

1) Headline inflation does not include food and fuel prices while Core inflation includes all-item index

2) CPI is measured on base year 2012

3) Reserve Bank of India has now adopted WPI as new measure of Inflation

Which of the above statement(s) is/ are incorrect?

Consider the following statements about the Core Industries:

Which of the above statement(s) is/are incorrect?

Only 2 &3
Only 1 &3
None of these
Only 1&2

Q. Consider the following statements with respect to the Bluetooth:

Which of the statements given above is/are correct?

1 only
Neither 1 nor 2
Both 1 and 2
2 only

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Consider the following items:(1) Food products(2) EnergyWhich of the items given above are mainly responsible for the Core Inflation?

The correct option is C Both 1 and 2Core inflation excludes commodities which experience sudden spikes and transitory price changes. Such commodities include food and energy which are not included in the measurement of core inflation.

Consider the following items:
(1) Food products
(2) Energy
Which of the items given above are mainly responsible for the Core Inflation?

The correct option is C Both 1 and 2
Core inflation excludes commodities which experience sudden spikes and transitory price changes. Such commodities include food and energy which are not included in the measurement of core inflation.