Q: 111 (CDS-II/2023)
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.