CLEAR
Toprankers-Info

+91 7676564400

Mobile App

Get it on Google Play
Discussions
Select Date
Tags:

Articles

Discussions
Submit Discussion
ASHISH

· started a discussion

· 1 Months ago

Wrong answer (Question: 212080.0 )

In detail solution you have written new method is CPI.
So please change the answer. It's WPI

Question:
What is the popular method in India for inflation measurement ?
Options:
A) Consumer Price Index 
B) Whole Price Index 
C) General Price Increase 
D) None of these 
Solution:
Ans: (a) India used WPI (Wholesale Price Index) as the measure for inflation but new CPI(combined) has been declared as the new standard for measuring inflation (April 2014). CPI numbers are typically measured monthly, and with a significant lag, making them unsuitable for policy use. Instead, India uses changes in the Consumer Price Index (CPI) to measure its rate of inflation.

Knowledge Expert

· commented

· 1 Months ago

Dear Student,

CPI is the correct answer. We fixed the answer.

Keep Learning with us
Best Wishes
Team Toprankers
-logo
We at aim to provide most comprehensive content & test for practice which is carefully divided into various chapters and topics to help you focus on your weak areas.Our Practice mock test gives you unmatched analytics to help you realize your strong areas,time management and improvement areas.Our Short & Crisp notes on each topic will help you to quickly revise the topic along with the tips & tricks of the exams.
More About
-Info
-Info

Mobile App

Get it on Google Play
About Us Campus Ambassador Careers Contact Us Refund Policy

All Rights Reserved Top Rankers

User Policy
Disclaimer
Terms & Conditions