Q: If the price index increased from 100 in 2021 to 110 in 2022 to 132 in 2023, then the rate of inflation is:
(a)10%
(b)32%
(c)20%
(d)Cannot be determined
Correct Answer: (d)
The correct answer is (d): Cannot be determined. Subject: Indian Economy | Sub-topic: Banking & Financial Sector