Fundamental Rights |  UNESCO Intengible Cultural Heritage From India |  Corruption |  Insectivorous Plants |  Causes of Revolt of 1857 in Points |  Ordinance Making Power of President and Governors |  Mangroves Cover in India |  Coral Reefs in India |  Seasons and Climate in India |  Constitutional and Statutory Bodies in India |  Rock Edicts of Ashoka |  Types of Motions in Parliamentary Procedure |  Types of Majorities in Parliament |  Pressure Groups in World and India |  Order of Precedence |  Types of Rocks |  Treaties in Indian History |  Types of Rocks |  Features of Indian Economy |  Geographical Indications |  Ancient History Terminology and Meanings |  Schedules of the Constitution |  Nuclear Power Plants in India List  |  Types of Clouds for SSC CGL | Nuclear Power Plants in India ListTypes of Ocean CurrentsStructure: Layers of EarthAPPSC Group 1 Answer KeySSC JE 2017 QUESTION PAPEROne Word Substitution for SSC and Bank ExamsMPSC Answer Key 2017 2017Layers of AtmosphereMPSC Answer Key 2017 2017BPSC Solved Question Paper 2017MPPSC Solved Question Paper 2017GST Bill IndiaDelhi SultanateLaw Commission of IndiaOscar Awards Winner 2017 ListDiseases in CropsCommon Drugs and UsesDifferent Types of Deserts in WorldUPSC Civil Services Exam-2016 Answer KeyUPSC CAPF Exam-2016 Answer Key | UPPSC UPPER Subordinate Exam-2016 Answer Key | Regulatory BodiesNational Parks in India | International Airports in India  | United Nation International Years National Highways | National Birds of Countries | 
Types of Speciation |  Unisexual and Bisexual Flowers |  DISANET |  National Child Labour Project Scheme |  Tropical Deciduous Forest |  Hoolock Gibbon: National Parks |  Sectors of Indian Economy |  How Legislative Council is Formed |  Insectivorous Plants |  Causes of Revolt of 1857 in Points |  Ordinance Making Power of President and Governors |  Mangroves Cover in India |  Coral Reefs in India |  Seasons and Climate in India |  Constitutional and Statutory Bodies in India |  Rock Edicts of Ashoka |  Types of Motions in Parliamentary Procedure |  Types of Majorities in Parliament |  Pressure Groups in World and India |  Order of Precedence |  Types of Rocks |  Treaties in Indian History |  Types of Rocks |  Features of Indian Economy |  Geographical Indications |  Ancient History Terminology and Meanings |  Schedules of the Constitution |  Nuclear Power Plants in India List  |  Types of Clouds for SSC CGL | Nuclear Power Plants in India ListTypes of Ocean CurrentsStructure: Layers of EarthAPPSC Group 1 Answer KeySSC JE 2017 QUESTION PAPEROne Word Substitution for SSC and Bank ExamsMPSC Answer Key 2017 2017Layers of AtmosphereMPSC Answer Key 2017 2017BPSC Solved Question Paper 2017MPPSC Solved Question Paper 2017GST Bill IndiaDelhi SultanateLaw Commission of IndiaOscar Awards Winner 2017 ListDiseases in CropsCommon Drugs and UsesDifferent Types of Deserts in WorldUPSC Civil Services Exam-2016 Answer KeyUPSC CAPF Exam-2016 Answer Key | UPPSC UPPER Subordinate Exam-2016 Answer Key | Regulatory BodiesNational Parks in India |
Animals and their Baby Names |  Veto Power of President & Types of Veto |  Ordinance Making Power of President and Governors |  Mangroves Cover in India |  Coral Reefs in India |  Seasons and Climate in India |  Constitutional and Statutory Bodies in India |  Rock Edicts of Ashoka |  Types of Motions in Parliamentary Procedure |  Types of Majorities in Parliament |  Pressure Groups in World and India |  Order of Precedence |  Types of Rocks |  Treaties in Indian History |  Types of Rocks |  Features of Indian Economy |  Geographical Indications |  Ancient History Terminology and Meanings |  Schedules of the Constitution |  Nuclear Power Plants in India List  |  Types of Clouds for SSC CGL | Nuclear Power Plants in India ListTypes of Ocean CurrentsStructure: Layers of EarthAPPSC Group 1 Answer KeySSC JE 2017 QUESTION PAPEROne Word Substitution for SSC and Bank ExamsMPSC Answer Key 2017 2017Layers of AtmosphereMPSC Answer Key 2017 2017BPSC Solved Question Paper 2017MPPSC Solved Question Paper 2017GST Bill IndiaDelhi SultanateLaw Commission of IndiaOscar Awards Winner 2017 ListDiseases in CropsCommon Drugs and UsesDifferent Types of Deserts in World

Friday, 26 January 2018

In India, inflation is measured on the basis of–

  By GK Planet Team       Friday, 26 January 2018
Q. In India, inflation is measured on the basis of–

(a) Wholesale Price Index
(b) Producer Price Index
(c) Consumer Price Index
(d) No option is correct
Answer: Consumer Price Index

Measurement of Inflation in India

Many developing countries use changes in the consumer price index (CPI) as their central measure of inflation. India used WPI as the measure for inflation but new CPI(combined) is declared as the new standard for measuring inflation ( April 2014) CPI numbers are typically measured monthly, and with a significant lag, making them unsuitable for policy use. India uses changes in the Consumer Price Index (CPI) to measure its rate of inflation.

A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households.
logoblog

Thanks for reading In India, inflation is measured on the basis of–

←Previous
« Prev Post
Next→
Next Post »

No comments:

Post a Comment

What you have to say about this?

Recent Posts ⌚

Google+ Followers

Video Lectures