Retail core inflation is calculated excluding which of the following? 1. Food and beverages 2. Fuel and light 3. Transport and communication 4. Clothing and Education Select the answer using the code given below:

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Q: 115 (CAPF/2024)
Retail core inflation is calculated excluding which of the following?
1. Food and beverages
2. Fuel and light
3. Transport and communication
4. Clothing and Education
Select the answer using the code given below:

question_subject: 

Economics

question_exam: 

CAPF

Retail core inflation is calculated by excluding volatile components such as food and beverages and fuel and light. This is done to provide a more stable measure of inflation by removing items that can have significant price fluctuations. Therefore, the correct answer is option 1, which includes food and beverages and fuel and light.