Question

With reference to the wholesale price index (WP

  • I , consider the following statements: 1. WPI is an important index necessary for calculating inflation in a country. 2. Ministry of Finance is responsible for compiling WPI and releasing it. 3. WPI focuses on the price of goods that are traded between corporations. Which of the statements given above is/are correct?
A 1 and 2
B 1 and 3
C 2 and 3
D All of these
E None of these
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