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Only 1, 3 and 4
Only 1, 2 and 4
All of the above
Let's go through each statement:
- Statement 1: WPI covers only goods, while CPI covers both goods and services. (This is correct.)
- Statement 2: WPI is published by Office of Economic Advisor (Ministry of Commerce & Industry); CPI by Central Statistical Office (now called NSO, under Ministry of Statistics & Programme Implementation). (Correct.)
- Statement 3: WPI used to be published weekly (for primary articles & fuel), but since 2012, WPI is released monthly for all items. CPI is released monthly. (This is outdated, so NOT correct.)
- Statement 4: WPI captures price changes at the wholesale (early supply chain) level, CPI captures them at retail (final consumer, later stage). (Correct.)
Correct Option:
- Only statements 1, 2, and 4 are correct.
- So, Option 3 is right.
Option:3, Only 1, 2 and 4
By: Parvesh Mehta ProfileResourcesReport error
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