Economics · Consumer Price Index
Which of the following statements is correct regarding Consumer Price Index (CPI) in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It includes only goods and excludes services
- 2It is used as the primary measure for inflation targeting✓
- 3It excludes rural consumers
- 4It is compiled by the Reserve Bank of India
Correct answer
It is used as the primary measure for inflation targeting
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