CLAT Sample Paper CLAT Sample Paper-5

  • question_answer
    CPI and WPI as acronyms refer to

    A)  political parties

    B)  purchasing capacity indices

    C)  price indices

    D)  poverty indices

    Correct Answer: C

    Solution :

    A Consumer Price Index (CPI) measures changes in the price level of consumer goods and services purchased by households. The Wholesale Price Index (WPI) is the price of a representative basket of wholesale goods.


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