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    Question

    What is the base year currently used for the calculation

    of the Wholesale Price Index (WPI) in India?
    A 2011-12 Correct Answer Incorrect Answer
    B 2003-04 Correct Answer Incorrect Answer
    C 2014-15 Correct Answer Incorrect Answer
    D 2008-09 Correct Answer Incorrect Answer

    Solution

    The base year for the Wholesale Price Index (WPI) in India is 2011-12. WPI is a measure of the average change in the prices of goods sold by wholesalers and is used as a primary gauge of inflation.

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