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How many articles are taken in order to calculate Wholesale Price Index in Rajasthan?

How many articles are taken in order to calculate Wholesale Price Index in Rajasthan? Correct Answer 154

The correct answer is 154. Key Points

  • Rajasthan government releases the WPI on monthly basis and it covers 154 commodities of which
    • 75 are from the 'Primary Articles' group
    • 69 from the 'Manufactured Products' group
    • 10 from the 'Fuel and Power' group.
  • The weight assigned to the 'Primary Articles' group is 33.894, for the 'Manufactured group.
  • It is 49.853 and for the 'Fuel and Power' group, it is 16.253.
  • The Wholesale Price Index for 'All Commodities' moved from 310.56 in the year 2019 to 330.86 in the year 2020.
  • It will register an increase of 6.54 percent.​

Important Points

  • Wholesale Price Index, or WPI, measures the changes in the prices of goods sold and traded in bulk by wholesale businesses to other businesses.
  • WPI is unlike the Consumer Price Index (CPI), which tracks the prices of goods and services purchased by consumers.​

Related Questions

Consider the following statements regarding the measurement of rate of inflation.
Statement I The rate of inflation is measured on the basis of price indices which are of two kinds-Wholesale Price Index (WPI) and Consumer Price Index (CPl).
Statement II A price index is a measure of the average level of prices.
Statement III Price index shows the exact price rise or fall of a single good.
Which of the following is correct about WPI (Wholesale Price Index) related to inflation? (A) It measures the wholesale prices on a weekly basis. (B) It focuses on both goods as well as services. (C) t measures the wholesale prices on a monthly basis. (D) It focuses only on goods, not on services.
Ram buys 10 articles and sell to Mohan. The cost price of 10 articles is equal to selling price of 9 articles and Mohan sells all the article to Tripti at the cost price 9 article is equal to selling price of 8 articles. Ram’s cost price is how much percent more or less than Tripti’s cost price.
You are required the read the given question and the statements and then choose which of the following statement(s) is necessary to answer the question. What is the wholesale cost of a masala pack for the vender? A: The pack of 500 gm of masala was listed at a price that would have given the vender a profit of 30% on the wholesale cost. B: After a discount of 15% on the list price, the masala pack was sold for a net profit of Rs. 210 C: The masala was sold for Rs. 300 more than the wholesale cost.
The line chart given below shows the marked price and selling price of six articles A, B, C, D, E and F. Discount = (Marked price - selling price) Discount% = \( \rm\frac{Marked price-Selling price}{Marked price} \times 100\) J1 = Value of sum of discount on articles C and D J2 = Value of difference of discount on articles D and E What is the value of J1 - J2?
The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions. A person can purchase 3 articles in Rs. 50. What is the price of the costliest article? Statement I. The cost price of the two articles each is Rs. 2 less than the cost price of the costliest article. Statement II. The cost price of two articles out of 3 is the same. Statement III. The cost price of the costliest article is 12.5% more than the cost price of the cheapest article.
If a shopkeeper makes a sale without any sales tax, then the selling price of 600 articles is equal to the cost price of 750 articles. On the other hand, if he makes a sale including the sales tax, then the selling price of 450 articles is equal to the cost price of 630 articles. What is the rate of sales tax?
Karan makes 900 articles at a cost of 40 paise/article. He fixed the selling price such that if only 500 articles are sold, he would have made profit of 50% on the outlay. However, 250 articles get spoilt and he was able to sell 650 articles at this price. Find his actual profit percent as the percentage of total outlay assuming that the unsold articles are useless?
Consider the following consume price indices. I. Consumer Price Index for Industrial Workers II. Consumer Price Index for Agricultural Labourers III. Consumer Price Index for Rural Labourers IV. Consumer Price Index for Urban Non-Manual Employees   Which of the above indices is/are compiled by Central Statistical Organization (CSO)?
Consider the following statements: a. The wholesale price index is a measure of inflation on an economy-wide scale. b. The consumer price index is the retail price average of a basket of goods and services directly consumed by the people. c. GDP deflators which distinguish between personal growth in income and price rise. Which of the statements given above is/are incorrect?