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Question : Which of the following brings out the 'consumer price index number' for industrial workers?

Option 1: RBI

Option 2: The Labour Bureau

Option 3: Commerce Department

Option 4: NITI Aayog


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: The Labour Bureau


Solution : The correct option is The Labour Bureau.

The Labour Bureau, under the Ministry of Labour and Employment, is responsible for compiling and releasing the Consumer Price Index Number for Industrial Workers (CPI-IW) every month. This index is derived from the fluctuations in prices of a selection of goods and services that are typically used by industrial workers and their families. The items on this list include food, clothing, housing, fuel, education and medical care, among others.

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