{"id":89688,"date":"2025-06-01T10:10:34","date_gmt":"2025-06-01T10:10:34","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=89688"},"modified":"2025-06-01T10:10:34","modified_gmt":"2025-06-01T10:10:34","slug":"the-rate-of-inflation-in-india-is-measured-generally-in-respect-of-mov","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-rate-of-inflation-in-india-is-measured-generally-in-respect-of-mov\/","title":{"rendered":"The rate of inflation in India is measured generally in respect of mov"},"content":{"rendered":"

The rate of inflation in India is measured generally in respect of movement of<\/p>\n

[amp_mcq option1=”consumer price index” option2=”wholesale price index” option3=”cost of living index for agricultural labour” option4=”money supply” correct=”option1″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC CAPF – 2013<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nThe correct option is A.
\n<\/section>\n
\n– Inflation in India is measured using several price indices, primarily the Wholesale Price Index (WPI) and the Consumer Price Index (CPI).
\n– The Wholesale Price Index (WPI) measures price changes at the wholesale level. It was historically the headline inflation measure.
\n– The Consumer Price Index (CPI) measures price changes at the retail level for a basket of goods and services consumed by households. CPI is considered a better indicator of the cost of living for consumers.
\n– Since 2014, the Reserve Bank of India (RBI) has adopted CPI (Combined) as the key measure of inflation for monetary policy decisions. Therefore, CPI is now generally considered the headline rate of inflation impacting the general public and policy.
\n– Cost of living index for agricultural labour (C) is a very specific index, not a general measure of overall inflation.
\n– Money supply (D) is a factor influencing inflation but not a measure of the rate of inflation itself.
\n<\/section>\n
\nThere are different series of CPI, including CPI for Industrial Workers (CPI-IW), Agricultural Labourers (CPI-AL), Rural Labourers (CPI-RL), and the urban, rural, and combined CPI (CPI-U, CPI-R, CPI-C). CPI-C is the series used by RBI and commonly referred to as the headline retail inflation rate.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

The rate of inflation in India is measured generally in respect of movement of [amp_mcq option1=”consumer price index” option2=”wholesale price index” option3=”cost of living index for agricultural labour” option4=”money supply” correct=”option1″] This question was previously asked in UPSC CAPF – 2013 Download PDFAttempt Online The correct option is A. – Inflation in India is measured … <\/p>\n

Detailed SolutionThe rate of inflation in India is measured generally in respect of mov<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1085],"tags":[1467,1120,1261],"class_list":["post-89688","post","type-post","status-publish","format-standard","hentry","category-upsc-capf","tag-1467","tag-economic-development","tag-nature-of-indian-economy","no-featured-image-padding"],"yoast_head":"\nThe rate of inflation in India is measured generally in respect of mov<\/title>\n<meta name=\"description\" content=\"The correct option is A. - Inflation in India is measured using several price indices, primarily the Wholesale Price Index (WPI) and the Consumer Price Index (CPI). - The Wholesale Price Index (WPI) measures price changes at the wholesale level. It was historically the headline inflation measure. - The Consumer Price Index (CPI) measures price changes at the retail level for a basket of goods and services consumed by households. CPI is considered a better indicator of the cost of living for consumers. - Since 2014, the Reserve Bank of India (RBI) has adopted CPI (Combined) as the key measure of inflation for monetary policy decisions. Therefore, CPI is now generally considered the headline rate of inflation impacting the general public and policy. - Cost of living index for agricultural labour (C) is a very specific index, not a general measure of overall inflation. - Money supply (D) is a factor influencing inflation but not a measure of the rate of inflation itself.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/the-rate-of-inflation-in-india-is-measured-generally-in-respect-of-mov\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The rate of inflation in India is measured generally in respect of mov\" \/>\n<meta property=\"og:description\" content=\"The correct option is A. - Inflation in India is measured using several price indices, primarily the Wholesale Price Index (WPI) and the Consumer Price Index (CPI). - The Wholesale Price Index (WPI) measures price changes at the wholesale level. It was historically the headline inflation measure. - The Consumer Price Index (CPI) measures price changes at the retail level for a basket of goods and services consumed by households. CPI is considered a better indicator of the cost of living for consumers. - Since 2014, the Reserve Bank of India (RBI) has adopted CPI (Combined) as the key measure of inflation for monetary policy decisions. Therefore, CPI is now generally considered the headline rate of inflation impacting the general public and policy. - Cost of living index for agricultural labour (C) is a very specific index, not a general measure of overall inflation. - Money supply (D) is a factor influencing inflation but not a measure of the rate of inflation itself.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/the-rate-of-inflation-in-india-is-measured-generally-in-respect-of-mov\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T10:10:34+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The rate of inflation in India is measured generally in respect of mov","description":"The correct option is A. - Inflation in India is measured using several price indices, primarily the Wholesale Price Index (WPI) and the Consumer Price Index (CPI). - The Wholesale Price Index (WPI) measures price changes at the wholesale level. It was historically the headline inflation measure. - The Consumer Price Index (CPI) measures price changes at the retail level for a basket of goods and services consumed by households. CPI is considered a better indicator of the cost of living for consumers. - Since 2014, the Reserve Bank of India (RBI) has adopted CPI (Combined) as the key measure of inflation for monetary policy decisions. Therefore, CPI is now generally considered the headline rate of inflation impacting the general public and policy. - Cost of living index for agricultural labour (C) is a very specific index, not a general measure of overall inflation. - Money supply (D) is a factor influencing inflation but not a measure of the rate of inflation itself.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/the-rate-of-inflation-in-india-is-measured-generally-in-respect-of-mov\/","og_locale":"en_US","og_type":"article","og_title":"The rate of inflation in India is measured generally in respect of mov","og_description":"The correct option is A. - Inflation in India is measured using several price indices, primarily the Wholesale Price Index (WPI) and the Consumer Price Index (CPI). - The Wholesale Price Index (WPI) measures price changes at the wholesale level. It was historically the headline inflation measure. - The Consumer Price Index (CPI) measures price changes at the retail level for a basket of goods and services consumed by households. CPI is considered a better indicator of the cost of living for consumers. - Since 2014, the Reserve Bank of India (RBI) has adopted CPI (Combined) as the key measure of inflation for monetary policy decisions. Therefore, CPI is now generally considered the headline rate of inflation impacting the general public and policy. - Cost of living index for agricultural labour (C) is a very specific index, not a general measure of overall inflation. - Money supply (D) is a factor influencing inflation but not a measure of the rate of inflation itself.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/the-rate-of-inflation-in-india-is-measured-generally-in-respect-of-mov\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T10:10:34+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/the-rate-of-inflation-in-india-is-measured-generally-in-respect-of-mov\/","url":"https:\/\/exam.pscnotes.com\/mcq\/the-rate-of-inflation-in-india-is-measured-generally-in-respect-of-mov\/","name":"The rate of inflation in India is measured generally in respect of mov","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T10:10:34+00:00","dateModified":"2025-06-01T10:10:34+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"The correct option is A. - Inflation in India is measured using several price indices, primarily the Wholesale Price Index (WPI) and the Consumer Price Index (CPI). - The Wholesale Price Index (WPI) measures price changes at the wholesale level. It was historically the headline inflation measure. - The Consumer Price Index (CPI) measures price changes at the retail level for a basket of goods and services consumed by households. CPI is considered a better indicator of the cost of living for consumers. - Since 2014, the Reserve Bank of India (RBI) has adopted CPI (Combined) as the key measure of inflation for monetary policy decisions. Therefore, CPI is now generally considered the headline rate of inflation impacting the general public and policy. - Cost of living index for agricultural labour (C) is a very specific index, not a general measure of overall inflation. - Money supply (D) is a factor influencing inflation but not a measure of the rate of inflation itself.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/the-rate-of-inflation-in-india-is-measured-generally-in-respect-of-mov\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/the-rate-of-inflation-in-india-is-measured-generally-in-respect-of-mov\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/the-rate-of-inflation-in-india-is-measured-generally-in-respect-of-mov\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC CAPF","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-capf\/"},{"@type":"ListItem","position":3,"name":"The rate of inflation in India is measured generally in respect of mov"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/89688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=89688"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/89688\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=89688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=89688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=89688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}