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    Question

    Which of the following are used by RBI as key measure of inflation?

    A WPI Correct Answer Incorrect Answer
    B PPI Correct Answer Incorrect Answer
    C CPI Correct Answer Incorrect Answer
    D PMI Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    WPI, tracks inflation at the producer level and CPI captures changes in prices levels at the consumer level. In April 2014, the RBI had adopted the CPI as its key measure of inflation.

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