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In India, inflation is measured by
  • a)
    Wholesale price index number
  • b)
    Consumer price index for urban non-manual workers
  • c)
    Consumer price index for agricultural workers
  • d)
    National income deflation
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
In India, inflation is measured bya)Wholesale price index numberb)Cons...
Answer: a
Explanation: Inflation rates in India are usually quoted as changes in the Wholesale Price Index, for all commodities. Many developing countries use changes in the Consumer Price Index (CPI) as their central measure of inflation
 
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In India, inflation is measured bya)Wholesale price index numberb)Consumer price index for urban non-manual workersc)Consumer price index for agricultural workersd)National income deflationCorrect answer is option 'A'. Can you explain this answer?
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