Economics · Economy
With reference to inflation measurement in India, consider the following statements: I. The Wholesale Price Index (WPI) is currently released on a weekly basis. II. The Consumer Price Index (CPI-Combined) captures price changes in both goods and selected services consumed by households. III. The inflation-targeting framework in India is anchored to the CPI (Combined) as notified by the Central Government in consultation with the Reserve Bank of India. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I and II only
- 2II and III only✓
- 3I and III only
- 4I, II and III
Correct answer
II and III only
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