Mains Answer Writing - 6 Oct, 2026

GS3

Economy

10 marks

What is imported inflation? Explain how an oil price shock can cause inflation in India.

Tips for your answer

  • Show both direct and indirect transmission of an oil shock into domestic inflation.
  • India imports over 85% of its crude oil requirement.
  • Do not explain inflation generally; focus specifically on how global oil prices enter domestic prices.
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