{"id":91028,"date":"2025-06-01T10:44:26","date_gmt":"2025-06-01T10:44:26","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=91028"},"modified":"2025-06-01T10:44:26","modified_gmt":"2025-06-01T10:44:26","slug":"retail-core-inflation-is-calculated-excluding-which-of-the-following","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/retail-core-inflation-is-calculated-excluding-which-of-the-following\/","title":{"rendered":"Retail core inflation is calculated excluding which of the following ?"},"content":{"rendered":"<p>Retail core inflation is calculated excluding which of the following ?<\/p>\n<ul>\n<li>1. Food and beverages<\/li>\n<li>2. Fuel and light<\/li>\n<li>3. Transport and communication<\/li>\n<li>4. Clothing and Education<\/li>\n<\/ul>\n<p>Select the answer using the code given below :<\/p>\n<p>[amp_mcq option1=&#8221;1 and 2 only&#8221; option2=&#8221;1, 2 and 3 only&#8221; option3=&#8221;1, 2, 3 and 4&#8243; option4=&#8221;3 and 4 only&#8221; correct=&#8221;option1&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC CAPF &#8211; 2024<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-capf-2024.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-capf-2024\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\"> Retail core inflation in India, based on the Consumer Price Index (CPI), is generally calculated by excluding the volatile components of Food and Beverages (Statement 1) and Fuel and Light (Statement 2) from the headline CPI. This exclusion helps to reveal the underlying inflationary pressures in the economy that are less subject to seasonal or temporary supply shocks. Categories like Transport and communication (Statement 3) and Clothing and Education (Statement 4) are typically included in the calculation of core inflation, although price changes in transport can be indirectly affected by fuel costs. Therefore, only 1 and 2 are excluded. <\/section>\n<section id=\"pyq-key-points\"> Core inflation provides a measure of underlying inflation trends by removing highly volatile components like food and energy, which helps policymakers assess more persistent inflationary pressures. <\/section>\n<section id=\"pyq-additional-information\"> In India, CPI-Combined is the main measure for tracking retail inflation. The CPI basket is divided into major groups: Food and Beverages, Pan, tobacco and intoxicants, Clothing and Footwear, Housing, Fuel and light, and Miscellaneous (which includes items like household goods, health, transport, communication, education, recreation, etc.). <\/section>\n","protected":false},"excerpt":{"rendered":"<p>Retail core inflation is calculated excluding which of the following ? 1. Food and beverages 2. Fuel and light 3. Transport and communication 4. Clothing and Education Select the answer using the code given below : [amp_mcq option1=&#8221;1 and 2 only&#8221; option2=&#8221;1, 2 and 3 only&#8221; option3=&#8221;1, 2, 3 and 4&#8243; option4=&#8221;3 and 4 only&#8221; &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Retail core inflation is calculated excluding which of the following ?\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/retail-core-inflation-is-calculated-excluding-which-of-the-following\/#more-91028\">Detailed Solution<span class=\"screen-reader-text\">Retail core inflation is calculated excluding which of the following ?<\/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":[1103,1120,1174],"class_list":["post-91028","post","type-post","status-publish","format-standard","hentry","category-upsc-capf","tag-1103","tag-economic-development","tag-national-income-gross-domestic-product","no-featured-image-padding"],"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>Retail core inflation is calculated excluding which of the following ?<\/title>\n<meta name=\"description\" content=\"Retail core inflation in India, based on the Consumer Price Index (CPI), is generally calculated by excluding the volatile components of Food and Beverages (Statement 1) and Fuel and Light (Statement 2) from the headline CPI. This exclusion helps to reveal the underlying inflationary pressures in the economy that are less subject to seasonal or temporary supply shocks. Categories like Transport and communication (Statement 3) and Clothing and Education (Statement 4) are typically included in the calculation of core inflation, although price changes in transport can be indirectly affected by fuel costs. Therefore, only 1 and 2 are excluded. Core inflation provides a measure of underlying inflation trends by removing highly volatile components like food and energy, which helps policymakers assess more persistent inflationary pressures.\" \/>\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\/retail-core-inflation-is-calculated-excluding-which-of-the-following\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retail core inflation is calculated excluding which of the following ?\" \/>\n<meta property=\"og:description\" content=\"Retail core inflation in India, based on the Consumer Price Index (CPI), is generally calculated by excluding the volatile components of Food and Beverages (Statement 1) and Fuel and Light (Statement 2) from the headline CPI. This exclusion helps to reveal the underlying inflationary pressures in the economy that are less subject to seasonal or temporary supply shocks. Categories like Transport and communication (Statement 3) and Clothing and Education (Statement 4) are typically included in the calculation of core inflation, although price changes in transport can be indirectly affected by fuel costs. Therefore, only 1 and 2 are excluded. Core inflation provides a measure of underlying inflation trends by removing highly volatile components like food and energy, which helps policymakers assess more persistent inflationary pressures.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/retail-core-inflation-is-calculated-excluding-which-of-the-following\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T10:44:26+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":"Retail core inflation is calculated excluding which of the following ?","description":"Retail core inflation in India, based on the Consumer Price Index (CPI), is generally calculated by excluding the volatile components of Food and Beverages (Statement 1) and Fuel and Light (Statement 2) from the headline CPI. This exclusion helps to reveal the underlying inflationary pressures in the economy that are less subject to seasonal or temporary supply shocks. Categories like Transport and communication (Statement 3) and Clothing and Education (Statement 4) are typically included in the calculation of core inflation, although price changes in transport can be indirectly affected by fuel costs. Therefore, only 1 and 2 are excluded. Core inflation provides a measure of underlying inflation trends by removing highly volatile components like food and energy, which helps policymakers assess more persistent inflationary pressures.","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\/retail-core-inflation-is-calculated-excluding-which-of-the-following\/","og_locale":"en_US","og_type":"article","og_title":"Retail core inflation is calculated excluding which of the following ?","og_description":"Retail core inflation in India, based on the Consumer Price Index (CPI), is generally calculated by excluding the volatile components of Food and Beverages (Statement 1) and Fuel and Light (Statement 2) from the headline CPI. This exclusion helps to reveal the underlying inflationary pressures in the economy that are less subject to seasonal or temporary supply shocks. Categories like Transport and communication (Statement 3) and Clothing and Education (Statement 4) are typically included in the calculation of core inflation, although price changes in transport can be indirectly affected by fuel costs. Therefore, only 1 and 2 are excluded. Core inflation provides a measure of underlying inflation trends by removing highly volatile components like food and energy, which helps policymakers assess more persistent inflationary pressures.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/retail-core-inflation-is-calculated-excluding-which-of-the-following\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T10:44:26+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\/retail-core-inflation-is-calculated-excluding-which-of-the-following\/","url":"https:\/\/exam.pscnotes.com\/mcq\/retail-core-inflation-is-calculated-excluding-which-of-the-following\/","name":"Retail core inflation is calculated excluding which of the following ?","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T10:44:26+00:00","dateModified":"2025-06-01T10:44:26+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"Retail core inflation in India, based on the Consumer Price Index (CPI), is generally calculated by excluding the volatile components of Food and Beverages (Statement 1) and Fuel and Light (Statement 2) from the headline CPI. This exclusion helps to reveal the underlying inflationary pressures in the economy that are less subject to seasonal or temporary supply shocks. Categories like Transport and communication (Statement 3) and Clothing and Education (Statement 4) are typically included in the calculation of core inflation, although price changes in transport can be indirectly affected by fuel costs. Therefore, only 1 and 2 are excluded. Core inflation provides a measure of underlying inflation trends by removing highly volatile components like food and energy, which helps policymakers assess more persistent inflationary pressures.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/retail-core-inflation-is-calculated-excluding-which-of-the-following\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/retail-core-inflation-is-calculated-excluding-which-of-the-following\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/retail-core-inflation-is-calculated-excluding-which-of-the-following\/#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":"Retail core inflation is calculated excluding which of the following ?"}]},{"@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\/91028","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=91028"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/91028\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=91028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=91028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=91028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}