HSBC's Bhandari: India's Inflation To Average 5.4% in FY24

The video discusses the role of central banks, particularly the RBI, in managing inflation and economic growth. It covers the expected rate hike by the RBI, the impact of oil prices on India's economy, and potential surprises in RBI's policy stance. The discussion also includes growth and inflation forecasts, market reactions, and the possibility of future rate cuts. The video emphasizes the importance of understanding central bank policies and their implications for the economy.

What is the expected change in the RBI's repo rate in the upcoming meeting?

• No change in the repo rate

• An increase by 50 basis points

• An increase by 25 basis points

• A decrease by 25 basis points

Which component makes up the largest portion of India's inflation basket?

• Oil and energy prices

• Food and core inflation

• Housing costs

• Transportation expenses

What might be a surprise in the RBI's policy announcement?

• An increase in liquidity

• A decrease in inflation forecast

• A shift in the RBI's stance

• A change in the repo rate

How is the liquidity situation in India described in the transcript?

• Abundant and increasing

• Stable and unchanged

• Tight and decreasing

• Volatile and unpredictable

What is the current GDP growth forecast by the RBI for the next 24 months?

• 6.4%

• 5.5%

• 4.5%

• 7.0%

When does the transcript suggest the RBI might consider rate cuts?

• Immediately after the upcoming meeting

• In 2024

• By the end of the current fiscal year

• In the next meeting

What is the main challenge for the RBI in considering rate cuts?

• Global economic conditions

• Political pressure

• Low GDP growth

• High inflation levels