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Which of the following can be inferred in the context of the phrase “queued the pitch”, as highlighted in the above passage?

1. With the inflation figures rising, it has become difficult to address the challenges they now face in setting policy rates to sustain the growth of the Indian economy.
2. The MPC is expected to announce the consecutive rate cut to boost economic activity amid benign inflation.
3. Both (a) and (d)
4. Owing to the steady rise of CPI inflation, RBI will have to face the challenge in its upcoming meeting to decide whether to cut the policy rates or keep them unchanged.
5. None of these

Correct answer: Owing to the steady rise of CPI inflation, RBI will have to face the challenge in its upcoming meeting to decide whether to cut the policy rates or keep them unchanged.

Solution

The phrase “queued the pitch” is used to mean that the inflation jump has set up or intensified the challenge for the RBI’s upcoming policy review. The passage suggests the central bank must now weigh whether to cut rates or hold them unchanged. Hence the inference about a difficult policy decision is correct.

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