1. The WPI is a weighted average of indices covering 676 commodities, which are traded in primary, |
2. Manufacturing and fuel and power-sectors. |
3. It is the retail price average of a basket of goods and services directly consumed by the people. |
A) 1 only
B) 2 only
C) 1 and 2
D) None of the Above
Correct Answer: A
Solution :
The Wholesale Price Index (WPI) is a weighted average of indices covering 676 commodities, which are traded in primary, manufacturing and fuel and power-sectors.You need to login to perform this action.
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