Question

Consider the following statements regarding economic survey 2022-2023: 1.    There was diversion of Wholesale Price Inflation (WP

  • I and Consumer Price Inflation (CP
  • I but later it adopted the trend of convergence. 2.    Effect of imported input costs and the difference in relative weights of the two indexes were the causes of such tendencies. 3.    During the decline of WPI, the CPI had an upward journey. Which of the statements given above is/are correct?
A 1 and 3 only
B 2 and 3 only
C 1, 2 and 3
D 2 only
E All of the Above
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