Economics · Economics

Which index is used to compensate for the loss in purchasing power due to inflation for central government employees in India?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1National Income
2GDP Deflator
3Consumer Price Index for Industrial Workers✓
4Wholesale Price Index

Correct answer

Consumer Price Index for Industrial Workers

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Which index is used to compensate for the loss in purchasing power due to inflation for central government employees in India?

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Which index is used to compensate for the loss in purchasing power due to inflation for central government employees in India?

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