According to the Reserve Bank of India (RBI), what is the forecast for headline inflation in Financial Year 2025?
Detailed Explanation:
The Reserve Bank of India (RBI) initially projected headline inflation for FY 2025 at 4.5%.
In the December 2024 Monetary Policy Committee (MPC) review, the RBI revised this forecast upward to 4.8% citing persistent food price pressures and global uncertainties.
Since 4.8% was not among the given options, the Bihar Public Service Commission (BPSC) deleted this question from the 13 December 2024 exam; the closest option provided was 4.5%.
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