Multiple Choice Questions on Which of the following are used to measure inflation I Wholesale Price Index II ........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Which of the following are used to measure inflation I Wholesale Price Index II ...........

Finance (Phase -I & II) Inflation Trends
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    Which of the following are used to measure inflation?

    I.    Wholesale Price Index

    II.    Consumer Price Index

    III.    Purchasing Power of individuals

    Which of the following statement(s) is/are correct?

    Only I
     

    Incorrect Answer

    I and II
     

    Correct Answer

    II and III
     

    Incorrect Answer

     All of the above

    Incorrect Answer
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    Explanation:

    Purchasing power parity (PPP) is a theory in economics that approximates the total adjustment that must be made on the currency exchange rate between countries that allows the exchange to be equal to the purchasing power of each country's currency.

    By: Yachna
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    Abhishek Raj

    Only WPI and CPI are the official indices to measure inflation in India till date;answer should be B

    0 0 reply

    Abhishek Raj

    Only WPI and CPI are the official indices to measure inflation in India till date;answer should be B

    0 0 reply
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