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.

Neap Tides occur: (a) at half moon (b) during the day (c) once a month (d) twice a week

3 Answers  

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When a bill passed by the Parliament is sent to the President for his assent, which option is not open to him? (a) He may sign it (b) He may not sign it and kept it with him (c) He may return it to the Parliament for reconsideration (d) He may amend it

1 Answers  

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Which of the following is essential for blood clotting? 1 RBC 2 WBC 3 Blood platelets 4 Lymph

3 Answers   GHMC, RIMC,

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Name the viceroy of India associated with the Partition of Bengal. (A) Lord Ripon (B) Lord Curzon (C) Lord Lytton (D) Lord Mountbatten

3 Answers   IHRD, SSC,

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Common Civil Code is practiced in (1) Delhi (2) Rajasthan (3) Maharashtra (4) Goa

2 Answers  

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Which one of the following statements is not correct? (a) Paninian Sanskrit is simpler than Vedic Sanskrit (b) Panini probably based his work on the language as it was spoken in the North-West (c) The Mauryan used Prakrit for their official pronouncements (d) Panini?s grammar could not stabilize Sanskrit language

1 Answers  

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Which one of the following was NOT a member in the meeting of G-8 countries held in Canada in the year 2002? 1 France 2 Japan 3 Russia 4 Sweden

1 Answers  

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National film awards were instituted in the year: (a) 1950 (b) 1954 (c) 1961 (d) 1969

1 Answers  

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BANNING THE PRODUCTION, STOCKING AND TESTING THE NUCLEAR WEPON IS

4 Answers  

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The British government in India became the paramount power in the country in: (a) 1757 (b) 1857 (c) 1765 (d) 1813

2 Answers  

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The highest policy making body in national planning is (A) The Planning Commission (B) The Finance Commission (C) The National Development Council (D) The National Integration Council

3 Answers   Wipro,

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The movement in India which became popular during the First World War was the: (a) Swadeshi and Boycott (b) Separatist Movement (c) Home-Rule Movement (d) Swarajist Party Movement

1 Answers   Police Exam,

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