Consider the following data and answer the Questions No. 41 to 43: Financial Year (FY) 2020-21 2021-22 2022-23 2023-24 GDP Deflator 100 154.25…

CA Foundation · Business Economics · PYQS · September 2025
Consider the following data and answer the Questions No. 41 to 43: Financial Year (FY) 2020-21 2021-22 2022-23 2023-24 GDP Deflator 100 154.25 168.40 148.25 What will be the inflation rate in FY 2022-23 as compared to FY 2021-22?
(A) A. 9.54%
(B) B. 8.76%
(C) C. 9.17%
(D) D. 7.44%

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 9.17%

Topics: Determination of National Income

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