Answer / pinal

* India uses the Wholesale Price Index (WPI) to
calculate and then decide the inflation rate in the economy.
* Most developed countries use the Consumer Price Index
(CPI) to calculate inflation.

WPI was first published in 1902, and was one of the more
economic indicators available to policy makers until it was
replaced by most developed countries by the Consumer Price
Index in the 1970s.

WPI is the index that is used to measure the change in the
average price level of goods traded in wholesale market. In
India, a total of 435 commodities data on price level is
tracked through WPI which is an indicator of movement in
prices of commodities in all trade and transactions. It is
also the price index which is available on a weekly basis
with the shortest possible time lag only two weeks. The
Indian government has taken WPI as an indicator of the rate
of inflation in the economy.

With which one of the following events, did the Saka Era of the Indian National Calendar commence? (A) Coronation of Chandragupta Maurya (B) Birth of Adi Sankaracharya (C) Coronation of Kanishka (D) Ascenstion of Chandragupta-II

1 Answers  

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Which of the following categories of Ministers are found in Council of Ministers in India? (a) Cabinet Ministers (b) Ministers of States (c) Deputy Ministers (d) All of the above categories

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The first company to provide free incoming facility to its customers is 1 Airtel 2 Hutch 3 Spice 4 Connect

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Which of the following is the functions of the Vice-President? (a) Performs the functions of the Presiding officer of the Rajya Sabha (b) Has a casting vote in Rajya Sabha (c) He acts as President when President cannot perform functions due to illness or otherwise (d) All of the above mentioned

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who acted as Gandhi in the film "Gandhiji"

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Which of the following organs converts glycogen into glucose and purifies the blood? 1 Liver 2 Kidney 3 Lungs 4 Spleen

1 Answers   College School Exams Tests, SSC,

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What is the state dance of your native state?

0 Answers   Nabard,

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The former princely state Nahan is part of which State now? (a) Punjab (b) Haryana (c) Uttaranchal (d) Himahcal Pradesh

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. Why a small drop of water or mercury on a clear glass plate is circular in shape? (a) Due to viscosity (b) Due to capillary action (c) Due to surface tension (d) None of these

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There were four great preachers of Vaishnavism, Three of them were Nimbarka, Ramanuja and Madhava. The fourth was: (a) Vallabha (b) Shankaracharya (c) Jayadeva (d) Vidyapati

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Insulin is secreted in ? a) Pituitary b) Liver c) Pancreas d) Parathyroid

1 Answers  

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