Current Affairs

GK MCQs Section

Page-2 of Topic: Food Inflation

India’s Retail Inflation in August 2022

India’s retail inflation has reached 7 per cent in August 2022 – well above the RBI’s comfort level of 6 per cent. Key facts India’s Consumer Price Index...

September 13, 2022

Retail inflation in India in April

According to the data released by the National Statistical Office (NSO), retail inflation in April is 7.79%. Rural inflation surged to a near 8-year high of 8.38%, whereas...

May 15, 2022

India’s Retail Inflation in December 2021

The retail inflation in India increased to 5.59% in December 2021. This is the highest in the last five months. The inflation data was released by the Ministry...

January 17, 2022

October WPI at 5-month high

Ministry of Commerce & Industry released its data on Wholesale Price Index (WPI) on November 15, 2021. Key Points As per Ministry’s data, provisional Wholesale Price Index (WPI)...

November 15, 2021

RBI Monetary Policy Committee Announcements

Three-membered Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) maintained an accommodative stance and kept the repo rate unchanged at 4 per cent, in order...

October 8, 2021

WPI inflation at 1.48% in October 2020; Increased for third consecutive month

The Wholesale Price Index (WPI) increased to 1.48% in October 2020. This was the highest in the past eight months. Key Highlights The inflation rate based on WPI...

November 17, 2020

India allows export of onions to Bangladesh

On September 18, 2020, the Directorate General of Foreign Trade lifted the ban on export of onions to other countries including Bangladesh. The decision was made after a long...

September 19, 2020

Retail Inflation at 5-year high of 7.35% in December, 2019

According to the data released by Ministry of Statistics and Programme Implementation on January 13, 2020, the food inflation increased to 14.12% in December 2019 as compared to...

January 14, 2020

FICCI study on Onion Price Rise: India should follow Israel, Brazil

India is witnessing price hikes in retail onion up to Rs 100 per kg currently in November 2019. Government had introduced the TOP-Tomato Onion Potato Scheme in 2018-19...

November 9, 2019

Why WPI is not getting reflected in CPI?

The prices of food items in India are rising at a much faster pace at the wholesale level than the retail end. The wholesale price index (WPI) for...

June 20, 2019

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