HomeTestsSearchRankProfile
mediumMCQCompetitive Exam2026Economics
1 attempts0% success rate1 mark

In India, inflation is traditionally measured through ________.

  1. A
    Wholesale Price Index number
  2. B
    Consumer Price Index for urban non-manual employees
  3. C
    Consumer Price Index for agricultural labourers
  4. D
    National Income Deflator

Solution & Step-by-step Explanation

Historically, the Wholesale Price Index (WPI) was the primary measure used to compute headline inflation in India for policy formulations before structural updates favored the Consumer Price Index (CPI) combined metrics.

Practice this question

Try it yourself before checking the explanation above.

In India, inflation is traditionally measured through ________.
A
Wholesale Price Index number
B
Consumer Price Index for urban non-manual employees
C
Consumer Price Index for agricultural labourers
D
National Income Deflator

Share This Question

Related Questions

Ready for a Full Test?

Practice with timed mock tests and track your performance across Economics.

Discussion