Multiple Choice Questions on Which one of the following indices is now used by the Reserve Bank of India to measure the rate of i........... for CDS Exam Preparation

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Multiple Choice Questions

Which one of the following indices is now used by the Reserve Bank of India to measure the rate of i...........

Indian Economy (CDS) Money and banking
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    Which one of the following indices is now used by the Reserve Bank of India to measure the rate of inflation in India?

    NASDAQ Index

    Incorrect Answer

    BSE Index

    Incorrect Answer

    Consumer Price Index

    Correct Answer

    Wholesale Price Index

    Incorrect Answer
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    Explanation:

    The Wholesale Price Index (WPI) was main index for measurement of inflation in India till April 2014 when RBI adopted new Consumer Price Index (CPI) as the key measure of inflation. 

    By: Ketan Garg
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