CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is the head of the working group to revise current series of Wholesale Price Index (WPI)?
A
Rajiv Kumar
B
Amitabh Kant
C
Ramesh Chand
D
Vinod Paul
Explanation: 

Detailed explanation-1: -The working group is under the Chairmanship of Ramesh Chand, Member, NITI Aayog.

Detailed explanation-2: -The WPI is published by the Economic Adviser in the Ministry of Commerce and Industry. The Wholesale Price Index focuses on the price of goods traded between corporations, rather than the goods bought by consumers, which is measured by the Consumer Price Index.

Detailed explanation-3: -Who publishes wholesale price index? Inflation rates are based on WPI which is released by the Office of Economic Advisor under the Ministry of Commerce and Industry.

Detailed explanation-4: -1 The Office of the Economic Adviser in the Department of Industrial Policy and Promotion, Ministry of Commerce & Industry is responsible for compiling WPI and releasing it.

There is 1 question to complete.