In 2014, the Reserve Bank of India (RBI) adopted the new _____ as the key measure of inflation.

Question

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WPI (Wholesale Price Index)

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IPI (Import Price Index)

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CPI (Consumer Price, Index, rural and urban, combined)

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PPI (Producer Price Index)

1.	In 2014, the Reserve Bank of India (RBI) adopted the new _____ as the key measure of inflation.
A.	IPI (Import Price Index)
B.	CPI (Consumer Price, Index, rural and urban, combined)
C.	WPI (Wholesale Price Index)
D.	PPI (Producer Price Index)
Answer» C. WPI (Wholesale Price Index)

Discussion