The Wholesale Price Inflation has increased in India during 2021 - 2022 due to which of the following factors? 1. Sharp increase in international prices of crude oil 2. Decrease in economic activity post-Covid 3. Disruption of global supply chain 4. High

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Q: 111 (CDS-II/2023)
The Wholesale Price Inflation has increased in India during 2021 - 2022 due to which of the following factors?
1. Sharp increase in international prices of crude oil
2. Decrease in economic activity post-Covid
3. Disruption of global supply chain
4. High freight cost
Select the correct answer using the code given below:

question_subject: 

Current Affairs

question_exam: 

CDS-II

The increase in Wholesale Price Inflation in India during 2021-2022 was primarily due to a sharp increase in international prices of crude oil, disruption of the global supply chain, and high freight costs. These factors led to higher costs for goods and services, contributing to inflation. There is no substantial evidence indicating that a decrease in economic activity post-Covid was a significant factor in this period.