Question
About inflation measurement in India, which of
the following statement/s is/are correct? i. CPI is the index used for measuring inflation ii. Higher the WPI stronger the affect of consumer inflation iii. Fuel and Light carries maximum weight in the CPI basketSolution
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
The mattresses that were placed (1)/ on the road, on which (2)/ the numerous friends and families were seated, (3)/were removed and stacked up over shad...
Find out the error according to the grammar and context of the given sentences. If there is no error, mark option 5, i.e. No error. (Ignore the punctu...
It is the ability to continuously (A) / refurbish and nuance all facets of his (B) / game that allows Roger Federer to outcompete (C) / and outlive much...
Price stability exist when average prices are constant over time, or when they are rising at a very low and predictable rate.
...Her research on climate change provides valuable insights / on how we can mitigate / the effects of global warming / through effective policy and strat...
Restoring soil health would help at mitigate the effects of climate change. Â
In the following question, a sentence is given, divided into five parts. Of all the five parts, only one part is error-free. Mark the option containing...
Find the correct word.
Of the four given options, choose the most appropriate one.
The plaintiffs sought an (A)/injunction requiring the defendants (B)/to abet the nuisance (C)/as well as damages (D).
