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SSC Sample Paper SSC (Group-C) Sample Test Paper-9

  • question_answer
    The most Common measure of estimating Inflation in India is-

    A)  Price Index

    B)  Whole Sale Price Index

    C)  Consumer Price Index

    D)  Price Index of Industrial Goods

    Correct Answer: B

    Solution :

     The Wholesale Price Index (WPI) is "the price of a representative basket of wholesale goods" which is used in India to measure inflation. WPI is used to monitor price movements that reflect supply and demand in industry, manufacturing and construction.


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