Economics · Economy

With reference to India's Consumer Price Index (CPI), consider the following statements: I. The base year for the CPI (Combined) series has been updated from 2012 to 2024. II. In the current CPI series, the relative weight assigned to Food and Beverages is greater than 50%. Which of the statements given above is/are correct?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Neither I nor II✓
2Both I and II
3II only
4I only

Correct answer

Neither I nor II

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