Answer Posted / deepak
The Wholesale Price Index (WPI) is the index used to measure the changes in the average price level of goods traded in wholesale market. A total of 435 commodity prices make up the index. It is available on a weekly basis. It is generally taken as an indicator of the inflation rate in the Indian economy. The Indian Wholesale Price Index (WPI) was first published in 1902, and was used by policy makers until it was replaced by the Producer Price Index (PPI) in 1978.
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
How many series of consumer price index (cpi) are there?
Tell about yourself and your family background?
Quote the best Indian Examples for Consolidation.
What do you know about FII, FDI and FII?
Differentiate between cheque and demand draft?
Differentiate between direct tax and indirect Tax with examples?
How many 'bullion markets' are there in india?
What are the other jobs of LIC in the country?
What is a lease agreement?
what is the shortcuts for Voucher Creation and Alteration Screen in Tally ERP 9?
Explain different types of insurance policies.
The rule of the Risk management provides a basic framework within which risk management decision can be made .Doscuss.
How To Enable And Disable System Administration Mode?
Explain the role of SEBI?
What are the limitations of financial statements?