Question : Which of the following is taken as the base year for calculating the Wholesale Price Index (WPI) by the Government of India?
Option 1: 2011-12
Option 2: 2012-13
Option 3: 2013-14
Option 4: 2010-11
Recommended : Get important details about BEL First Grade College, Bangalore.
Download Brochure
Answer (1)
20th Jan, 2024
Correct Answer: 2011-12
Solution : The correct option is 2011-12 .
The base year provides a reference point for comparing price changes over time. The WPI's base year was last revised to 2011-12. The WPI is a measure that captures the average change in the selling prices received by producers for their output.
Comments (0)
Related Questions
Know More about
Staff Selection Commission Stenographer ...
Application | Eligibility | Dates | FAQs
Get Updates Brochure
Thank You!
Your Staff Selection Commission Stenographer Grade C & D Exam brochure has been successfully mailed to your registered email id “”.
Trending Articles/News
