cueprepUPSC CSE Prelims WPI vs CPI Composition, GDP Deflator vs CPI Flashcards
Master 8 wpi vs cpi composition, gdp deflator vs cpi concepts for the UPSC CSE Prelims.
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Question
Fill in the correct base year and publishing agency for the Wholesale Price Index (WPI):
WPI has a base year of and is published by the .
Question
Consider the following statements regarding the Consumer Price Index (CPI-Combined):
- Its base year is 2012.
- It is published by the Labour Bureau.
- It is used by the Monetary Policy Committee (MPC) for inflation targeting.
Which of the statements given above are correct?
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