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All India House Price Index (HPI) is released by:
  • a)
    Reserve Bank of India
  • b)
    Ministry of Housing and Urban Affairs (MoHUA)
  • c)
    State Bank of India
  • d)
    Ministry of Statistics and Programme Implementation (MoSPI)
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
All India House Price Index (HPI) is released by:a)Reserve Bank of Ind...
In News: Reserve Bank of India has released its quarterly House Price Index (HPI) (base: 2010-11=100) for Q4:2020-21, based on transaction-level data received from housing registration authorities in ten major cities (viz., Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow and Mumbai).
All-India HPI increased (year-on-year basis) by 2.7% in Q4:2020-21 vis-a-vis 3.9% growth a year ago.
HPI growth showed large variation across major cities, from an increase of 15.7% (Bengaluru) to a contraction of -3.6% (Jaipur).
On a sequential (q-o-q) basis, all-India HPI growth rate moderated to 0.2% in Q4:2020-21; Delhi, Bengaluru, Kolkata and Jaipur recorded a sequential decline in HPI, whereas it increased for other cities
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All India House Price Index (HPI) is released by:a)Reserve Bank of Indiab)Ministry of Housing and Urban Affairs (MoHUA)c)State Bank of Indiad)Ministry of Statistics and Programme Implementation (MoSPI)Correct answer is option 'A'. Can you explain this answer?
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