New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which office is responsible for compiling the Consumer

    Price Index for Industrial Workers every month based on retail prices collected from 317 markets across 88 industrial centres in India?
    A National Statistical Office (NSO) Correct Answer Incorrect Answer
    B Ministry of Finance Correct Answer Incorrect Answer
    C Labour Bureau Correct Answer Incorrect Answer
    D Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Labour Bureau, an attached office of the Ministry of Labour & Employment, is responsible for compiling the Consumer Price Index for Industrial Workers every month. This is based on retail prices collected from 317 markets spread over 88 industrially important centres in the country. The indices for the months of February 2024, March 2024, and April 2024 were released in the press release.

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