{"id":21411,"date":"2024-04-15T06:05:51","date_gmt":"2024-04-15T06:05:51","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=21411"},"modified":"2024-04-15T06:05:51","modified_gmt":"2024-04-15T06:05:51","slug":"in-india-inflation-measured-by-the-a-wholesale-price-index-number-b-consumers-price-index-for-urban-non-manual-workers-c-consumers-price-index-for-agricultural-workers-d-national-income-deflation","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/in-india-inflation-measured-by-the-a-wholesale-price-index-number-b-consumers-price-index-for-urban-non-manual-workers-c-consumers-price-index-for-agricultural-workers-d-national-income-deflation\/","title":{"rendered":"In India, inflation measured by the A. Wholesale Price Index number B. Consumers Price Index for urban non-manual workers C. Consumers Price Index for agricultural workers D. National Income Deflation"},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a9846fcbee13\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"false\">\r\n                    Wholesale Price Index number                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"true\">\r\n                    Consumers Price Index for urban non-manual workers                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"false\">\r\n                    Consumers Price Index for agricultural workers                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    National Income Deflation                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is: <strong>B. Consumers Price Index for urban non-manual workers<\/strong><\/p>\n<p>The Consumers Price Index (CPI) is a measure of the average change over time in the prices <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> paid by urban consumers for a market basket of consumer goods and services. The CPI is used to track inflation and to adjust wages, salaries, and pensions.<\/p>\n<p>The CPI for urban non-manual workers is the most widely used measure of inflation in India. It is compiled by the Ministry of Labour and Employment and is based on a survey of prices of goods and services purchased by urban households.<\/p>\n<p>The CPI for agricultural workers is a measure of the average change over time in the prices paid by agricultural households for a market basket of consumer goods and services. The CPI for agricultural workers is compiled by the Ministry of Agriculture and Farmers Welfare and is based on a survey of prices of goods and services <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> purchased by agricultural households.<\/p>\n<p>The Wholesale Price Index (WPI) is a measure of the average change over time in the prices received by domestic producers for their output. The WPI is compiled by the Ministry of Commerce and Industry and is based on a survey of prices of goods and services sold by domestic producers.<\/p>\n<p>The National Income Deflation is a measure of the rate of decrease in the prices of goods and services produced in the economy. The National Income Deflation is calculated by the Central Statistical Organisation and is based on a survey of prices of goods and services produced in the economy.<\/p>\n<p>In conclusion, the correct answer is: <strong>B. Consumers Price Index for urban non-manual workers<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Join Our Telegram Channel Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[207],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>In India, inflation measured by the A. Wholesale Price Index number B. Consumers Price Index for urban non-manual workers C. Consumers Price Index for agricultural workers D. 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