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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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