Economic Awareness - Sectors of Indian Economy
Core inflation is primarily calculated by excluding which of the following components?
Core inflation is primarily calculated by excluding which of the following components?
easy Q1 of 15
Step-by-Step Solution
Step 1: Understand core inflation components
Core inflation excludes volatile components to reflect stable inflation trends.Step 2: Identify excluded components
Food and fuel prices are known for volatility and are excluded in core inflation calculation.Final Answer:
Food and fuel prices → Option AQuick Check:
Core inflation excludes = food and fuel prices ✅
Quick Trick: Remember 'No Food, No Fuel' for core inflation exclusion.
Common Mistakes:
- Confusing stable components like housing as excluded items.
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