India 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
How many pulses are included in the list of crops with MSPs?
The alcohol content of wine during fermentation and the ripeness of fruits before harvesting is assessed by using a:
Maintaining the temperature of food in the range of 0deg;C to 8deg;C is called:
Anaphase is the fourth phase of mitosis, the process that separates the duplicated genetic material carried in the nucleus of a parent cell into two ide...
The total of the product cost plus the markup is:
Communication is the process by which messages are transferred from source to:
What does the rhizosphere: soil (R:S) ratio quantify?
Which of the following instrument is used for measurement of specific heat?
Draught purpose breed of cattle is ……………
The concept of Krishi Vigyan Kendra was launched on the recommendation of which of the following committee?