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Current Affairs
Economy
MoSPI Releases New CPI Base Year 2024, Reports 2.75% Inflation
Jan 2026 · 3 key points
CPI 2024 updates weights using latest Household Consumer Expenditure Survey data
Inflation at 2.73% rural, 2.77% urban — food inflation at 2.13%
New basket incorporates modern items like streaming services and e-commerce
Why it matters
CPI and base year revisions have appeared in Prelims 2015 and 2020. Aspirants should focus on inflation measurement, base year significance, and the Laspeyres Index.
Economy
CAG Publishes 2023-24 State Finances Report
Linked Past Year Questions
UPSC 2023 · Prelims
In the post-pandemic recent past, many Central Banks worldwide had carried out interest rate hikes. Central Banks generally assume that they have the ability to counteract the rising consumer prices via monetary policy means.
UPSC 2022 · Prelims
Tight monetary policy of US Federal Reserve could lead to capital flight. Capital flight may increase the interest cost of firms with existing External Commercial Borrowings.
UPSC 2015 · Prelims
With reference to Indian economy, the rate of growth of Real Gross Domestic Product has steadily increased in the last decade. The Gross Domestic Product at market prices has steadily increased in the last decade.
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Polity
32/45 PYQs
45%
Economy
17/38 PYQs
61%
Geography
32/52 PYQs
38%
History
16/41 PYQs
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