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Terming the current price levels for as ‘unsustainable’, the Finance Ministry said on Tuesday that these prices are expected to ease soon while asserting that India is well positioned to cope with escalated import costs thanks to its record forex reserves.The impact of the recent developments, including the Ukraine-Russia crisis, on India’s growth, inflation, current account and fiscal deficits will depend on the persistence of commodities prices at elevated levels, the ministry noted.“Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with increase in supplies outside the crisis zone,” the ministry projected in its monthly review of the economy for February.The geopolitical tensions between Russia and Ukraine, the ministry said, has triggered a ‘massive turbulence in the global economy’ with prices of crude oil and other commodities shooting up and ‘escalating the cost of India’s import basket’. However, its impact on India’s activity level this month can only be assessed a month later, it said, noting that forex reserves are adequate to finance over 12 months of imports.Q. What percent of its oil is imported by India?a)76%b)56%c)85%d)99%Correct answer is option 'C'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Terming the current price levels for as ‘unsustainable’, the Finance Ministry said on Tuesday that these prices are expected to ease soon while asserting that India is well positioned to cope with escalated import costs thanks to its record forex reserves.The impact of the recent developments, including the Ukraine-Russia crisis, on India’s growth, inflation, current account and fiscal deficits will depend on the persistence of commodities prices at elevated levels, the ministry noted.“Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with increase in supplies outside the crisis zone,” the ministry projected in its monthly review of the economy for February.The geopolitical tensions between Russia and Ukraine, the ministry said, has triggered a ‘massive turbulence in the global economy’ with prices of crude oil and other commodities shooting up and ‘escalating the cost of India’s import basket’. However, its impact on India’s activity level this month can only be assessed a month later, it said, noting that forex reserves are adequate to finance over 12 months of imports.Q. What percent of its oil is imported by India?a)76%b)56%c)85%d)99%Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Terming the current price levels for as ‘unsustainable’, the Finance Ministry said on Tuesday that these prices are expected to ease soon while asserting that India is well positioned to cope with escalated import costs thanks to its record forex reserves.The impact of the recent developments, including the Ukraine-Russia crisis, on India’s growth, inflation, current account and fiscal deficits will depend on the persistence of commodities prices at elevated levels, the ministry noted.“Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with increase in supplies outside the crisis zone,” the ministry projected in its monthly review of the economy for February.The geopolitical tensions between Russia and Ukraine, the ministry said, has triggered a ‘massive turbulence in the global economy’ with prices of crude oil and other commodities shooting up and ‘escalating the cost of India’s import basket’. However, its impact on India’s activity level this month can only be assessed a month later, it said, noting that forex reserves are adequate to finance over 12 months of imports.Q. What percent of its oil is imported by India?a)76%b)56%c)85%d)99%Correct answer is option 'C'. Can you explain this answer?.

Solutions for Terming the current price levels for as ‘unsustainable’, the Finance Ministry said on Tuesday that these prices are expected to ease soon while asserting that India is well positioned to cope with escalated import costs thanks to its record forex reserves.The impact of the recent developments, including the Ukraine-Russia crisis, on India’s growth, inflation, current account and fiscal deficits will depend on the persistence of commodities prices at elevated levels, the ministry noted.“Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with increase in supplies outside the crisis zone,” the ministry projected in its monthly review of the economy for February.The geopolitical tensions between Russia and Ukraine, the ministry said, has triggered a ‘massive turbulence in the global economy’ with prices of crude oil and other commodities shooting up and ‘escalating the cost of India’s import basket’. However, its impact on India’s activity level this month can only be assessed a month later, it said, noting that forex reserves are adequate to finance over 12 months of imports.Q. What percent of its oil is imported by India?a)76%b)56%c)85%d)99%Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.

Here you can find the meaning of Terming the current price levels for as ‘unsustainable’, the Finance Ministry said on Tuesday that these prices are expected to ease soon while asserting that India is well positioned to cope with escalated import costs thanks to its record forex reserves.The impact of the recent developments, including the Ukraine-Russia crisis, on India’s growth, inflation, current account and fiscal deficits will depend on the persistence of commodities prices at elevated levels, the ministry noted.“Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with increase in supplies outside the crisis zone,” the ministry projected in its monthly review of the economy for February.The geopolitical tensions between Russia and Ukraine, the ministry said, has triggered a ‘massive turbulence in the global economy’ with prices of crude oil and other commodities shooting up and ‘escalating the cost of India’s import basket’. However, its impact on India’s activity level this month can only be assessed a month later, it said, noting that forex reserves are adequate to finance over 12 months of imports.Q. What percent of its oil is imported by India?a)76%b)56%c)85%d)99%Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Terming the current price levels for as ‘unsustainable’, the Finance Ministry said on Tuesday that these prices are expected to ease soon while asserting that India is well positioned to cope with escalated import costs thanks to its record forex reserves.The impact of the recent developments, including the Ukraine-Russia crisis, on India’s growth, inflation, current account and fiscal deficits will depend on the persistence of commodities prices at elevated levels, the ministry noted.“Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with increase in supplies outside the crisis zone,” the ministry projected in its monthly review of the economy for February.The geopolitical tensions between Russia and Ukraine, the ministry said, has triggered a ‘massive turbulence in the global economy’ with prices of crude oil and other commodities shooting up and ‘escalating the cost of India’s import basket’. However, its impact on India’s activity level this month can only be assessed a month later, it said, noting that forex reserves are adequate to finance over 12 months of imports.Q. What percent of its oil is imported by India?a)76%b)56%c)85%d)99%Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Terming the current price levels for as ‘unsustainable’, the Finance Ministry said on Tuesday that these prices are expected to ease soon while asserting that India is well positioned to cope with escalated import costs thanks to its record forex reserves.The impact of the recent developments, including the Ukraine-Russia crisis, on India’s growth, inflation, current account and fiscal deficits will depend on the persistence of commodities prices at elevated levels, the ministry noted.“Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with increase in supplies outside the crisis zone,” the ministry projected in its monthly review of the economy for February.The geopolitical tensions between Russia and Ukraine, the ministry said, has triggered a ‘massive turbulence in the global economy’ with prices of crude oil and other commodities shooting up and ‘escalating the cost of India’s import basket’. However, its impact on India’s activity level this month can only be assessed a month later, it said, noting that forex reserves are adequate to finance over 12 months of imports.Q. What percent of its oil is imported by India?a)76%b)56%c)85%d)99%Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Terming the current price levels for as ‘unsustainable’, the Finance Ministry said on Tuesday that these prices are expected to ease soon while asserting that India is well positioned to cope with escalated import costs thanks to its record forex reserves.The impact of the recent developments, including the Ukraine-Russia crisis, on India’s growth, inflation, current account and fiscal deficits will depend on the persistence of commodities prices at elevated levels, the ministry noted.“Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with increase in supplies outside the crisis zone,” the ministry projected in its monthly review of the economy for February.The geopolitical tensions between Russia and Ukraine, the ministry said, has triggered a ‘massive turbulence in the global economy’ with prices of crude oil and other commodities shooting up and ‘escalating the cost of India’s import basket’. However, its impact on India’s activity level this month can only be assessed a month later, it said, noting that forex reserves are adequate to finance over 12 months of imports.Q. What percent of its oil is imported by India?a)76%b)56%c)85%d)99%Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Terming the current price levels for as ‘unsustainable’, the Finance Ministry said on Tuesday that these prices are expected to ease soon while asserting that India is well positioned to cope with escalated import costs thanks to its record forex reserves.The impact of the recent developments, including the Ukraine-Russia crisis, on India’s growth, inflation, current account and fiscal deficits will depend on the persistence of commodities prices at elevated levels, the ministry noted.“Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with increase in supplies outside the crisis zone,” the ministry projected in its monthly review of the economy for February.The geopolitical tensions between Russia and Ukraine, the ministry said, has triggered a ‘massive turbulence in the global economy’ with prices of crude oil and other commodities shooting up and ‘escalating the cost of India’s import basket’. However, its impact on India’s activity level this month can only be assessed a month later, it said, noting that forex reserves are adequate to finance over 12 months of imports.Q. What percent of its oil is imported by India?a)76%b)56%c)85%d)99%Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Class 12 tests.