UPSC Prelims Practice Questions — The CPI base revision exercise measures a slice of life

Q1. In the new Consumer Price Index (CPI) series on base 2024=100 launched by MoSPI, how many weighted items constitute the all-India item basket?

  • A. 299
  • B. 358
  • C. 460
  • D. 192

Q2. The weights used in the new Consumer Price Index (CPI) series on base 2024=100 are derived from which one of the following?

  • A. NSSO Consumer Expenditure Survey 2011-12
  • B. Household Consumption Expenditure Survey (HCES) 2022-23
  • C. Household Consumption Expenditure Survey (HCES) 2023-24
  • D. Periodic Labour Force Survey (PLFS) 2023-24

Q3. Which of the following is the nodal agency responsible for the compilation and release of the all-India Consumer Price Index (CPI) on base 2024=100?

  • A. Reserve Bank of India
  • B. Department of Economic Affairs, Ministry of Finance
  • C. Labour Bureau, Ministry of Labour and Employment
  • D. Ministry of Statistics and Programme Implementation

Q4. In the new Consumer Price Index (CPI) series on base 2024=100, which one of the following groups carries the largest weight in the all-India combined index?

  • A. Housing
  • B. Miscellaneous (including health, education, transport services)
  • C. Food and beverages
  • D. Fuel and light