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Start learning 50% faster. Sign in nowWholesale Price Inflation (WPI): WPI started to increase in 2022 with a peak value of 16.6% in May 2022 (as economic activities resumed post pandemic and the Russia-Ukraine conflict alleviated it more) and it slipped to 5.0% by year end. Hence, statement 1 is correct. WPI and CPI trends: Since 2021, there had been a divergence between the WPI and the CPI indexes, followed by a trend of convergence. Reasons for divergence: The difference in relative weights of the two indexes and the lagged effect of imported input costs on retail prices. Reasons for convergence: A cooling in WPI inflation of commodities such as crude oil, iron, aluminum etc. along with the rise in CPI inflation (fuelled by the rise in services cost). An important measure of demand-pull inflation - core inflation - remains sticky. Hence, statement 2 is correct. Consumer Price Inflation (CPI): The index numbers used to calculate the retail inflation of a nation constitute the CPI, which is also known as the "market basket", and is responsible for tracking the shift in prices at the level of the household. Wholesale Price Inflation (WPI): The index numbers used to measure the change in the overall price of goods before they are sold at retail prices constitute the WPI. Global economic slowdown and interest rate increases brought down commodity prices, contributing to a substantial decline in wholesale price inflation. Thus, input price pressures on Indian manufacturers abated. Even as inflation abated at the wholesale level, there has been a pass-through of previously high input costs onto retail prices, so CPI was on rise. Hence, statement 3 is correct. Core inflation remains sticky at nearly 6 percent and reflects the second-round effects of the supply shocks witnessed earlier this year.
Select the option in which the numbers are not related in the same way as are the number of the following set.
(5, 12, 180)
Four letter clusters are given, which of the three are alike in a certain manner and one is different. Choose the different letter cluster.
Find the odd one out from the following options.
Four letter-clusters have been given, out of which three are alike in some manner and one is different. Select the letter-cluster that is different.
The second number in the given number-pairs is obtained by performing certain mathematical operation(s) on the first number. The same operation(s) is/ar...
Which of the following letter cluster is the odd letter cluster?
Find the odd one out
Four number-pairs have been given, out of which three are alike in some manner and one is different. Select the number-pair that is different.
Find the odd one out.
Select the letter cluster which does not belong to the same group from the given alternatives.