Question
With the proposed changed what will be the base year
for Wholesale Price Index?Solution
The government is likely to change the base year for calculating the Index of Industrial Production (IIP) and the Wholesale Price Index (WPI) to 2011-12. Currently, IIP and WPI take 2004-05 as base year, while the GDP and Consumer Price Index data are calculated using the base year of 2011-12. Using the same base year of 2011-12 for all macroeconomic data indicators will ensure that accuracy is maintained in the mapping of economic activity.
140 litres of mixture X contains acetone and glycerine in the ratio 5:9, respectively. 70 litres of the mixture is withdrawn and labelled as mixture Y a...
A mixture of Silver and Nickel contains 25% Silver. If 10 kg of Silver is added, then Silver becomes 50% of the Nickel. Find the initial quantity of Sil...
A jar has 360 liters of a syrup and water mixture in the ratio 3:2 (syrup : water). If x liters of this mixture is drawn out and replaced with water, th...
An 800 ml mixture consists of 60% milk. After adding ‘x’ ml of milk and ‘2x’ ml of honey, the milk-to-honey ratio changes to 9:10. Determine the...
- In a mixture of 40 liters, the ratio of milk and water is 3:1. If the ratio has to be changed to 4:1, then the amount of milk to be added is?
- Two metal alloys 'M' and 'N' have gold and silver in the ratio of 5:2 and 7:3 respectively. If 112 grams of M and 150 grams of N are mixed together, then f...
A boat takes 12 hours to cover 's' km in still water. While traveling downstream, it takes 8 hours to cover (s - 32) km. If the speed of the boat in sti...
A merchant mixes two varieties of rice of 6 kg and 4 kg, which cost him Rs. 7 and Rs. 5 per kg, respectively. What is the cost price (in Rs.) of the mix...
In a 210 litres mixture, milk is 10% more than water. On adding (n - 4) litres water and (n + 4) litres milk, milk to water ratio becomes 11:10. Find th...
A milkman mixed milk and water in an empty container in the ratio 16:11. The quantity of milk mixed was bought by the milkman at the rate of Rs. 34/litr...
Relevant for Exams:
