What is the projected CPI inflation for the fiscal year 2024, as estimated by the RBI in its recent Monetary Policy?

June 9, 2023

(a) 4.5%
(b) 4.8%
(c) 5.1%
(d) 5.4%

Ans.(c)
Sol. The RBI projected the Consumer Price Index (CPI) inflation for the fiscal year 2024 to be around 5.1%.