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      Question

      Consider the following statements in relation to House

      Price Index (HPI): 1.    The HPI is published annually by the Reserve Bank of India. 2.    The HPI covers cities: Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Lucknow, Ahmedabad, Jaipur, Kanpur, and Kochi. 3.    Kochi tops the chart among these 10 cities.   Which of the following statements is/are incorrect?
      A 1 only Correct Answer Incorrect Answer
      B 2 only Correct Answer Incorrect Answer
      C 3 only Correct Answer Incorrect Answer
      D 1 & 3 Correct Answer Incorrect Answer
      E All Correct Answer Incorrect Answer

      Solution

      Statement 1 is incorrect The Reserve Bank of India publishes a quarterly house price index (HPI) for ten major cities: Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Lucknow, Ahmedabad, Jaipur, Kanpur, and Kochi. Kochi tops the chart with 11.5% rise.

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