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Consider the following:
Index Published By
1.Consumer Price Ministry of rural Development
2.Wholesale Price Office of economic advisor
3.National Income Labour Bureau
How of the following pairs is/are correctly matched?
Only One
Only Two
All Three
None
The correctly matched pairs are:
Wholesale Price - Office of Economic Advisor
average market basket of consumer goods and services purchased by households. It is an important economic indicator of inflation and is calculated by the Ministry of Statistics and Programme Implementation, not the Ministry of Rural Development.
Wholesale Price Index (WPI): WPI measures and tracks the changes in the price of goods in the stages before the retail level. It is used to measure inflation at the wholesale level. The Office of Economic Advisor under the Ministry of Commerce and Industry publishes the Wholesale Price Index in India.
National Income Estimates: These estimates provide valuable insights into the overall economic health and growth of a country. The National Income estimates, including Gross Domestic Product (GDP), Gross National Product (GNP), etc., are compiled and published by the Central Statistical Office (CSO) under the Ministry of Statistics and Programme Implementation, not the Labour Bureau.
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