Question

Which of the following index measure the health of manufacturing sector of the economy

A CPI Correct Answer Incorrect Answer
B WPI Correct Answer Incorrect Answer
C IIP Correct Answer Incorrect Answer
D CAD Correct Answer Incorrect Answer
E PPI Correct Answer Incorrect Answer

Solution

Index for Industrial Production (IIP) represents the status of production of industrial sector. It is released by Central Statistical Organization (CSO). CPI (Consumer Price Index), WPI (Wholesale Price Index), and PPI (Producer Price Index) measure inflation. CAD (Current Account Deficit) is related to Balance of Payment

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