A) Consumer Price Index
B) Consumer Price Index-Industrial worker
C) Consumer Price Index-Agriculture labour
D) Wholesale Price Index
Correct Answer: D
Solution :
The Wholesale Price Index (WPI) is the price of a representative basket of wholesale goods. WPI is an easy and convenient method to calculate inflation. Inflation rate is the difference between WPI calculated at the beginning and the end of a year. The percentage increase in WPI over a year gives the rate of inflation for that year.You need to login to perform this action.
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