Question

    What is the base year for the Wholesale Price Index

    (WPI) in India?
    A 2004-05 Correct Answer Incorrect Answer
    B 2007-08 Correct Answer Incorrect Answer
    C 2011-12 Correct Answer Incorrect Answer
    D 2014-15 Correct Answer Incorrect Answer

    Solution

    The Wholesale Price Index (WPI) measures the changes in the prices of goods sold in bulk at the wholesale level. Its base year was updated to 2011-12 to ensure that the index reflects current economic realities.

    Practice Next

    Relevant for Exams: