📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Which of the following ministries is responsible for

      compiling and releasing Wholesale Price Index (WPI)?
      A Ministry of Finance Correct Answer Incorrect Answer
      B Ministry of Commerce & Industry Correct Answer Incorrect Answer
      C Ministry of Agriculture Correct Answer Incorrect Answer
      D Ministry of women and child development Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Wholesale Price Index (WPI) is an important index necessary for calculating inflation in a country. The Office of the Economic Adviser in the Department of Industrial Policy and Promotion, Ministry of Commerce & Industry is responsible for compiling WPI and releasing it. India’s wholesale inflation soared to a three-decade high in April as high commodity prices and supply-chain disruptions pushed up input costs for producers. The annual rate of inflation was 15.08% (Provisional) for the month of April 2022 (Y-o-Y) as compared to 10.74% in April 2021.

      Practice Next
      More Beepedia Questions
      ask-question