2021
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
2011-12
|
|
|
2012-2014
|
|
|
2014-15
|
|
|
2018
|
Detailed explanation-1: -Since 1947 the index is being published regularly. Six revisions have taken place introducing the new base years, viz., 1952-53, 1961-62, 1970-71, 1981-82, 1993-94 and 2004- 05. The new series of WPI with base year of 2011-12 is the seventh revision of WPI.
Detailed explanation-2: -This press release contains WPI (Base Year 2011-12=100) for the month of October, 2022 (Provisional), August, 2022 (Final) and other months/years.
Detailed explanation-3: -5. Final index for the month of October, 2022 (Base Year: 2011-12=100): For the month of October, 2022 the final Wholesale Price Index and inflation rate for ‘All Commodities’ (Base: 2011- 12=100) stood at 152.9 and 8.67% respectively.
Detailed explanation-4: -The base year of All-India WPI has been revised from 2004-05 to 2011-12 in 2017.
Detailed explanation-5: -The base year of All-India WPI has been revised from 2004-05 to 2011-12 in 2017. WPI shows the combined price of a commodity basket comprising 676 items. Therefore the new base year is 2011-12.