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Consider the following statements regarding Inflation Targeting
1. Inflation targeting revolves around adjusting monetary policy to achieve a specified annual rate of inflation.
2. The principle of inflation targeting is based on the belief that long-term economic growth is best achieved by maintaining price stability, and price stability is achieved by controlling inflation.
Which of the above statements is/are correct?
  • a)
    1 only 
  • b)
    2 only 
  • c)
    Both 1 and 2 
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Consider the following statements regarding Inflation Targeting1. Infl...
What Is Inflation Targeting?
  1. Inflation targeting is a central banking policy that revolves around adjusting monetary policy to achieve a specified annual rate of inflation.
  2. The principle of inflation targeting is based on the belief that long-term economic growth is best achieved by maintaining price stability, and price stability is achieved by controlling inflation.
  3. As a strategy, inflation targeting views the primary goal of the central bank as maintaining price stability.
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Consider the following statements regarding Inflation Targeting1. Inflation targeting revolves around adjusting monetary policy to achieve a specified annual rate of inflation.2. The principle of inflation targeting is based on the belief that long-term economic growth is best achieved bymaintaining price stability, and price stability is achieved by controlling inflation.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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Consider the following statements regarding Inflation Targeting1. Inflation targeting revolves around adjusting monetary policy to achieve a specified annual rate of inflation.2. The principle of inflation targeting is based on the belief that long-term economic growth is best achieved bymaintaining price stability, and price stability is achieved by controlling inflation.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Consider the following statements regarding Inflation Targeting1. Inflation targeting revolves around adjusting monetary policy to achieve a specified annual rate of inflation.2. The principle of inflation targeting is based on the belief that long-term economic growth is best achieved bymaintaining price stability, and price stability is achieved by controlling inflation.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Inflation Targeting1. Inflation targeting revolves around adjusting monetary policy to achieve a specified annual rate of inflation.2. The principle of inflation targeting is based on the belief that long-term economic growth is best achieved bymaintaining price stability, and price stability is achieved by controlling inflation.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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