Answer- C
In a positive development for the Indian economy the annual retail inflation for March 2023, according to NSO data has eased to 5.66% from February's 6.44% thereby falling below the central bank's tolerance level for the first time in 2023.
This suggests that inflationary pressures could be moderating, and the current rate is below the central bank's upper tolerance level of 6% which is a welcome change.