Question

Consider the following statements about the Consumer Price Index (CP

  • I : 1. CPI measures inflation at the consumer level, including goods and services. 2. It is released monthly by DPIIT, Ministry of Commerce and Industry. 3. CPI is used for inflation targeting by the Reserve Bank of India. 4. CPI excludes services in its calculation. Which of the above statements is/are correct?
A 1 and 3 only
B 1, 2, and 3 only
C 1, 3, and 4 only
D 2 and 4 only
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