Multiple Choice Questions on Mark the correct statement s 1 Both the WPI and CPI are published by the office of economic advisor ........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Mark the correct statement s 1 Both the WPI and CPI are published by the office of economic advisor ...........

Economic Affairs Inflation
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    Mark the correct statement(s):-

    1) Both the WPI and CPI are published by the office of economic advisor.

    2) WPI covers only goods and not the services.

    Only 1

    Incorrect Answer

    Only 2

    Correct Answer

    Both 1 and 2

    Incorrect Answer

    Neither 1 nor 2

    Incorrect Answer
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    Explanation:
    • Inflation in India is calculated on two price indicis i.e WPI and CPI.
    • WPI is published by office of economic advisor whereas the CPI is published by NSO.
    • WPI covers only goods AND CPI covers both goods and services.

    By: Simrandeep Dhaliwal
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