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According to the third bi-monthly monetary policy review by the Reserve Bank of India, the inflation in India in 2019-20 can rise up to a level of -

1. 4 per cent
2. 5 per cent
3. 6 per cent
4. 7 per cent

Correct answer: 5 per cent

Solution

The RBI's third bi-monthly monetary policy review projected inflation in India for 2019-20 at up to 5 per cent. This is a standard banking awareness fact from RBI policy updates.

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