GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Who releases the Wholesale Price Index figures?
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Ministry of Statistics and Program Implementation
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Ministry of Home Affairs
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Ministry of Finance
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Ministry of Commerce and Industry
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Explanation:
Detailed explanation-1: -Note: The DPIIT releases index numbers of wholesale price in India on a monthly basis on 14th of every month (or next working day) with a time lag of two weeks of the reference month, and the index number is compiled with data received from institutional sources and selected manufacturing units across the country.
Detailed explanation-2: -Notes: The Consumer Price Index (CPI), which is released by the National Statistical Office of Ministry of Statistics and Programme Implementation (Base year 2012) is India’s benchmark inflation rate.
Detailed explanation-3: -The WPI is published by the Economic Adviser in the Ministry of Commerce and Industry.
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