BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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PPI (2011)
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CPI (2010)
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WPI (2004-2005)
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RTI
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Detailed explanation-1: -CPI is now using a new series on the base 2010=100 for all-India and States/UTs separately for rural, urban and combined. The Central Statistics Office (CSO), Ministry of Statistics and Program Implementation releases Consumer Price Indices (CPI).
Detailed explanation-2: -Over the last 12 months, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.5 percent before seasonal adjustment. The rate of increase in the CPI slowed in 2010, as the December-to-December increase fell from 2.7 percent in 2009 to 1.5 percent in 2010.
Detailed explanation-3: -Consumer Price Index or CPI is used to measure inflation in India because it is more holistic than other indices.. Q.
Detailed explanation-4: -The inflation rate in 2010 was 1.64%.
Detailed explanation-5: -The Consumer Price Index (CPI) is an index that is often used to measure inflation by tracking the changes over time in the prices paid by consumers for a basket of goods and services.