Question
Which statement is correct about “The
House Price Index (HPI) “report? i. This report is published by the Reserve bank of India. ii. It is a quarterly based report. iii. It considers data from major ten cities i.e. are Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai.Solution
It is a quarterly report by the Reserve Bank of India (RBI) based on the all-India price movement from data collected from a few cities. The indices are based on official data of property price transactions obtained from the respective state governments' registration authorities.
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