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Q59 (IAS/2002) Economy › Money, Banking & Inflation › Money, Banking & Inflation

Which reference to the Wholesale Price Index (WPI), consider the following statements: 1. The new WPI series with base 1993-94 = 100 became effective from April 1998 2. In the new WPI series, became effective from 1 April 2000. Statements 2 and 3 are correct 3. The weight for electricity has increased in the new WPI series Which of these statements are correct ?

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SIMILAR QUESTIONS

IAS · 2001 · Q9 Relevance score: 4.30

The new series of Wholesale Price Index (WPI) released by the Government of India is with reference to the base prices of

IAS · 2010 · Q115 Relevance score: 4.10

With reference to India, consider the following Statements: 1. The Wholesale Price Index (WPI) in India is available on a monthly basis only 2. As compared to Consumer Price Index for Industrial Workers (CPI (IW)), the WPI gives less weight to food articles. Which of the statements given above is/are correct?

CDS-I · 2024 · Q1 Relevance score: 3.84

Consider the following statements regarding weightage of different articles in Wholesale Price Index (WPI) : 1. Fuel and power have higher weightage in WPI than that of primary articles. 2. Weightage of manufactured products in WPI is higher than that of fuel and power. Which of the statements given above is/are correct? (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2

IAS · 2005 · Q95 Relevance score: 3.66

Consider the following statements: 1. During the year 2004, India’s foreign exchange reserves did not exceed the 125 billion U.S. dollar mark. 2. The Series of index numbers of wholesale prices introduced from April, 2000 has the year 1993-94 as base year. Which of the statements is/are correct?

CDS-II · 2009 · Q86 Relevance score: 3.41

Consider the following statement about wholesale Price index (WPI) I. It captures the price movement extensively and is, therefore, taken as an indicator of inflation. II. The office of the Economic adviser (OEA) is entrusted with the function of compilation and publication of the weekly wholesale price index number in India. Which of the statements given above is/are cocrrect?