UPSC Prelims Practice Questions — Feb. WPI at 11-month high

Q1. Which one of the following authorities is responsible for the compilation and monthly release of the All-India Wholesale Price Index (WPI) in India?

  • A. National Statistical Office under the Ministry of Statistics and Programme Implementation
  • B. Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade (Ministry of Commerce & Industry)
  • C. Department of Economic Affairs, Ministry of Finance
  • D. Monetary Policy Department, Reserve Bank of India

Q2. In the current Wholesale Price Index (WPI) series (base year 2011-12), which one of the following major groups carries the highest weight?

  • A. Primary Articles
  • B. Fuel and Power
  • C. Manufactured Products
  • D. Food Index

Q3. How many commodities are covered in the basket of the current Wholesale Price Index (WPI) series with base year 2011-12?

  • A. 435
  • B. 676
  • C. 697
  • D. 1,260