Economic Awareness - Sectors of Indian Economy
Core inflation excludes volatile items mainly to:
Core inflation excludes volatile items mainly to:
easy Q3 of 15
Step-by-Step Solution
Step 1: Understand the purpose of core inflation
Core inflation aims to filter out short-term volatility to show persistent inflation trends.Step 2: Identify the correct purpose
Reflecting long-term inflation trends is the main reason for excluding volatile items.Final Answer:
Reflect long-term inflation trends → Option BQuick Check:
Core inflation purpose = reflect long-term trends ✅
Quick Trick: Core inflation filters volatility to show trend.
Common Mistakes:
- Confusing core inflation with short-term fluctuation measures.
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