1. In India, inflation measured by the





Ask Your Doubts Here

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

  • By: guest on 02 Jun 2017 01.21 am
    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.
Show Similar Question And Answers
QA->What is termed as the period of high inflation and low economic growth?....
QA->Which can be used for checking inflation temporarily?....
QA->Among the remedies of inflation; what can we include?....
QA->Who is most benefitted from inflation?....
QA->In which year was Minimum inflation in post economic reform?....
MCQ->Consider the following statements regarding Cost Push Inflation: 1.%%Cost Push Inflation is a function of the costs such as wages, rent , interest rates etc. 2.%%Cost Push Inflation can be controlled easily in comparison to the Demand Pull Inflation 3.%%The purchasing power of Rupee decreases in case of Cost push inflation. Which among the above statements hold correct?....
MCQ->India has suffered from persistent high inflation. Increase III administered prices, demand and supply imbalances, imported inflation aggravated by rupee depreciation, and speculation - have combined to keep high inflation going. If there is an element common to all of them, it is that many of them are the outcomes of economic reforms. India's vulnerability to the effects of changes in international prices has increased with trade liberalisation. The effort to reduce subsidies has resulted in a continuous increase in the prices of commodities that are administered. What is the most logical, rational and crucial message that is implied in the above passage?....
MCQ->Which of the following can be inferred from the passage ?1. Growth rate in advanced countries was low so the effects of inflation were not felt.2. Closing the economy to global markets will reduce inflation.3. India has been the most severely affected by inflation....
MCQ->Many a times we read in the newspapers about a term “Core inflation“. The Core inflation is different from the general inflation because of the following?....
MCQ->Pick out thể one word for - a secret arrangement....
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions
Question ANSWER With Solution