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.

Name the only Indian Prime Minister who never faced the Parliament during his tenure. (1) Choudhary Charan Singh (2) Atal Bihari Vajpayee (3) Chandrashekhar (4) Vishwanath Pratap Singh

7 Answers   Infosys, TNPSC Tamil Nadu Public Service Commission,

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. At the present state of our knowledge and resource position, India will remain self-sufficient for the next three decades in (a) Tin (b) Coking coal (c) Sopper (d) Petroleum

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The addresses delivered by the President in Parliament are prepared by: (a) the government and approved by Cabinet (b) the President himself (c) the Secretary to the President of India (d) there is no fixed rule

1 Answers   TNPSC Tamil Nadu Public Service Commission,

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A Preamble is (a) Slogan (b) Name (c) Preface or an introduction especially of an Act of Parliament giving its reasons and purposes (d) Long poem

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