Question
Which is the base rate year for calculating the
Wholesale Price Index in India?Solution
- WPI and CPI (Consumer Price Index) are used to calculate the inflation rates. In India, Inflation rates are based on WPI which is released by the Ministry of Commerce and Industry.
- The CPI is a measure that assesses the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, purchased by households.
- India experienced its highest inflation rate of 34.68 per cent in September of 1974. And the lowest rate touched -11.31 per cent in May 1976.
What was the primary focus of HDFC Bank securing USD 500 million recently (in May 2024) from the International Finance Corporation? Â
Offenses for which the police may arrest any person without the order of the court. He is called
At normal temperature and atmospheric pressure, ______ has a density of 1.87 kg/mᶟ, which is 1.5 times heavier than air and exists as a liquid below t...
In NEFT (National Electronic Funds Transfer), how many characters does the Unique Transaction Reference (UTR) number consist of?
‘Nari Shakti Vandan Bill’ was passed by Lok Sabha with how many of the following votes?
In which year was the PM Ayushman Bharat Health Infrastructure Mission launched?
Which city is holding the top position in the thirty-third edition of the Global Financial Centres Index?
How much funding is required for an Asset Reconstruction Company (ARC) to become a resolution applicant under RBI guidelines?
Which Panwar ruler fostered positive relations between Garhwal and Kumaon during their reign?
Which of the following is NOT a cropping season in India?
