For the calculation of the 39 wholesale price index 39 in 2019 is taken as the base year ........

Static GK (CPO) Indian Economy

For the calculation of the 'wholesale price index' in 2019, _____ is taken as the base year.

2013-14

2014-15

2011-12

2012-13

- The Wholesale Price Index (WPI) is an important measure to track price movements in wholesale markets.

- The base year is crucial as it serves as the benchmark for comparing current prices to calculate the index.

- 2011-12 is chosen as the base year for the calculation of the Wholesale Price Index in 2019.

- The base year was revised from 2004-05 to 2011-12 to reflect more current economic realities.

- Base year revisions incorporate updated market baskets, weights, and prices to maintain relevance.

- Therefore, Option 3: 2011-12 is the correct answer.

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