Question
What does an increase in the Consumer Price Index (CPI)
signify?Statements:(I) A rise in retail prices(II) An increase in consumers' purchasing power(III) Inflationary trends in the economySolution
The Consumer Price Index (CPI) is a key economic indicator that tracks changes in the overall price level of a standard basket of goods and services consumed by households. A rise in the CPI reflects increasing retail prices, which indicates inflation in the economy. As prices increase, the purchasing power of consumers generally declines, not rises.Hence, statements I and III are correct.
Four words have been given, out of which three are alike in some manner and one is different. Select the word that is different.
Odd one out
Four letter-clusters have been given out of which four are alike in some manner and one is different. Select the one that is different.
Four number-pairs are given, three of them are alike in a certain manner and one is different. Choose the different number-pair.
Four number-pairs are given, out of which three are alike in certain manner and one is different. Choose the different number-pair.
Select the option in which the numbers share the same relationship in set as that shared by the numbers in the given set. (Note: Operations should be pe...
Statement:
Only a few Gold are Silver
No Gold are Diamond
Conclusion:
I. Some Silver are not DiamondÂ
II. Som...
Find the odd one out from the following options.Â
Manas travelled from point 'P' straight to 'Q' towards east at a distance of 8 m. He turned right and walked 4m, again turned to his right and walked ...
Four number-pairs have been given, out of which three are alike in some manner and one is different. Select the number-pair that is different from the r...
