CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Inflation based on the wholesale price index in India has risen to how many % in May 2022?
A
12.38%
B
10.17%
C
15.88%
D
10.17%
Explanation: 

Detailed explanation-1: -The rate of inflation based on WPI Food Index increased from 8.88% in April, 2022 to 10.89% in May, 2022.

Detailed explanation-2: -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-3: -The rate of inflation based on WPI Food Index decreased from 8.08% in September, 2022 to 6.48% in October, 2022.

Detailed explanation-4: -Final index for the month of May, 2022 (Base Year: 2011-12=100): For the month of May, 2022 the final Wholesale Price Index and inflation rate for ‘All Commodities’ (Base: 2011-12=100) stood at 155.0 and 16.63 % respectively.

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