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Start learning 50% faster. Sign in nowIndia used WPI as the measure for inflation but from April 2014 new CPI (combined) is declared as the new standard for measuring inflation. CPI numbers are typically measured monthly, and with a significant lag, making them unsuitable for policy use. India uses changes in the Consumer Price Index (CPI) to measure its rate of inflation.
There are total 676 items in WPI, which are divided into three categories - Primary Articles (20%) Fuel & power (15%) and Manufactured Products (65%). The number of items in CPI basket include 448 in rural and 460 in urban. Food and beverages carries maximum (54%) weight in the CPI
“Meeting of minds” is an essential element of this offence
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As per section 7 of the IBC who is considered as an applicant.
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Where both the parties to an agreement are under a mistake as to a matter of fact essential to the agreement, the agreement is__________________
The doctrine of Sustainable development was propounded in the case of?