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What is the primary purpose of the Consumer Price Index (CPI)?a) To measure the quality of goods in the marketb) To track inflation and assist in economic policy formulationc) To determine the exchange rates of currenciesd) To calculate the national GDP growth rateCorrect answer is option 'B'. Can you explain this answer? for Bank Exams 2024 is part of Bank Exams preparation. The Question and answers have been prepared according to the Bank Exams exam syllabus. Information about What is the primary purpose of the Consumer Price Index (CPI)?a) To measure the quality of goods in the marketb) To track inflation and assist in economic policy formulationc) To determine the exchange rates of currenciesd) To calculate the national GDP growth rateCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Bank Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary purpose of the Consumer Price Index (CPI)?a) To measure the quality of goods in the marketb) To track inflation and assist in economic policy formulationc) To determine the exchange rates of currenciesd) To calculate the national GDP growth rateCorrect answer is option 'B'. Can you explain this answer?.

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