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Home ‣ General Knowledge ‣ Indian Economy See What Others Are Saying!
  • Question

  • In India, inflation measured by the


  • Options
  • A. Wholesale Price Index number
  • B. Consumers Price Index for urban non-manual workers
  • C. Consumers Price Index for agricultural workers
  • D. National Income Deflation

  • Correct Answer
  • Wholesale Price Index number 

    Explanation
    Two major measures for inflation, which are widely used, are Wholesale Price Index (WPI) and Consumer Price Index (CPI). WPI measures the increase in the prices of a fixed basket of goods prevailing in the wholesale market while CPI measures the increase in the prices of essential commodities purchased by an average consumer prevailing in the retail market. Measured weekly, WPI is the primary inflation measure in India.

    • More questions

    • 1. First Olympic Games were held in

    • Options
    • A. 876 BC
    • B. 798 BC
    • C. 776 BC
    • D. 898 BC
      • Discuss
    • 2. The minimum age required to become the prime minister of India is


    • Options
    • A. 25 years
    • B. 30 years
    • C. 40 years
    • D. 35 years
      • Discuss
    • 3. India reached the final of the Davis Cup for the first time in...?

    • Options
    • A. 1964
    • B. 1966
    • C. 1970
    • D. 1974
      • Discuss
    • 4. Which of the following is tropical grassland?


    • Options
    • A. Taiga
    • B. Savannah
    • C. Pampas
    • D. Prairies
      • Discuss
    • 5. Indian Cancer Research institute is located at

    • Options
    • A. New Delhi
    • B. Calcutta
    • C. Chennai
    • D. Mumbai
      • Discuss
    • 6. The ratio of land to ocean in the southern hemisphere is

    • Options
    • A. 1 to 1.5
    • B. 1 to 1
    • C. 1 to 4
    • D. 1 to 10
      • Discuss
    • 7. How many players are there in Water Polo team?

    • Options
    • A. 4
    • B. 5
    • C. 6
    • D. 7
      • Discuss
    • 8. Gangubai hangal is the name associated with

    • Options
    • A. Literature
    • B. Music
    • C. Journalism
    • D. Environment
      • Discuss
    • 9. The largest production of mica in Asia is from


    • Options
    • A. Indonesia
    • B. Malaysia
    • C. Myanmar
    • D. India
      • Discuss
    • 10. Plants synthesis protein from

    • Options
    • A. starch
    • B. sugar
    • C. amino acids
    • D. fatty acids
      • Discuss

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