In India, inflation is measured by the: (a) Wholesale Price Index number (b) Consumers Price Index for urban non-manual workers
In India, inflation is measured by the:
(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
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(a) Inflation means rise in general price level over a period of time with expectations of further increases. It is measured by changes in WPI (Wholesale Price Index). The base year to calculate WPI is 1993-94 since April 2000.
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