UPSC Prelims Practice Questions — Index Numbers of Wholesale Price in India for the Month of March, 2026 (Base Year: 2011-12)

Question 1

The current All-India Wholesale Price Index series with base year 2011-12 came into effect (first released) in which year?

Accepted Answer

2017

Answer

2012

Answer

2011

Answer

2015

Question 2

As of the March 2026 WPI release, which one of the following was the base year in force for the All-India Wholesale Price Index?

Accepted Answer

2011-12

Answer

2004-05

Answer

2022-23

Answer

1993-94

Question 3

The compilation and monthly release of the Wholesale Price Index (2011-12 series) is carried out by which one of the following?

Accepted Answer

Office of the Economic Adviser, DPIIT

Answer

National Statistical Office, MoSPI

Answer

Central Statistics Office

Answer

Directorate General of Commercial Intelligence and Statistics

Question 4

As per the design adopted for the 2011-12 WPI series, price quotations for commodities are collected on which price basis?

Accepted Answer

Ex-factory / ex-mine / ex-mandi prices, exclusive of indirect taxes

Answer

Retail prices inclusive of all applicable taxes

Answer

Maximum Retail Price (MRP) inclusive of GST

Answer

Landed cost of imports inclusive of customs duty

Question 5

In the Wholesale Price Index release for March 2026 (base 2011-12=100), which one of the following recorded the highest index value?

Accepted Answer

Primary Articles (197.3)

Answer

Fuel & Power (153.7)

Answer

All Commodities (160.8)

Answer

Manufactured Products

Question 6

The Consumer Price Index (Combined) — the price index used by the RBI as its nominal anchor — is compiled by which one of the following?

Accepted Answer

National Statistical Office, MoSPI

Answer

Office of the Economic Adviser, Ministry of Commerce & Industry

Answer

Reserve Bank of India

Answer

Labour Bureau, Ministry of Labour & Employment

Question 7

Which one of the following statements correctly distinguishes the coverage of the WPI from that of the CPI in India?

Accepted Answer

WPI captures only goods traded in bulk and excludes services, whereas CPI covers both goods and services consumed at the retail level

Answer

WPI covers only imported goods, whereas CPI covers only domestically produced goods

Answer

WPI covers retail prices of services, whereas CPI covers wholesale prices of goods

Answer

Both WPI and CPI cover an identical basket of goods and services

Question 8

The new series of the Wholesale Price Index with base year 2022-23, along with the new Producer Price Indices, is scheduled to be released on which date?

Accepted Answer

15 June 2026

Answer

27 February 2026

Answer

12 February 2026

Answer

14 April 2026

UPSC Prelims Practice Questions — Index Numbers of Wholesale Price in India for the Month of March, 2026 (Base Year: 2011-12)

Q1. The current All-India Wholesale Price Index series with base year 2011-12 came into effect (first released) in which year?

Q2. As of the March 2026 WPI release, which one of the following was the base year in force for the All-India Wholesale Price Index?

Q3. The compilation and monthly release of the Wholesale Price Index (2011-12 series) is carried out by which one of the following?

Q4. As per the design adopted for the 2011-12 WPI series, price quotations for commodities are collected on which price basis?

Q5. In the Wholesale Price Index release for March 2026 (base 2011-12=100), which one of the following recorded the highest index value?

Q6. The Consumer Price Index (Combined) — the price index used by the RBI as its nominal anchor — is compiled by which one of the following?

Q7. Which one of the following statements correctly distinguishes the coverage of the WPI from that of the CPI in India?

Q8. The new series of the Wholesale Price Index with base year 2022-23, along with the new Producer Price Indices, is scheduled to be released on which date?