Question

    What is CPI-based inflation, also known as retail inflation, related to?

    A Corporate profits and losses Correct Answer Incorrect Answer
    B International trade fluctuations Correct Answer Incorrect Answer
    C Changes in interest rates Correct Answer Incorrect Answer
    D Price movement of goods and services at various levels Correct Answer Incorrect Answer

    Solution

    CPI-based inflation, also known as retail inflation, is related to the price movement of goods and services at various levels, including rural, urban, and all-India levels. It monitors the change in the Consumer Price Index (CPI) over a period of time, reflecting changes in the cost of living and consumer purchasing power.  

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