Multiple choice

Consider the following statements.

  1. Consumer Price Index in India is reported by the Central Statistical Organisation, under the Ministry of Statistics and Programme Implementation.
  2. The CPI reached its all-time high figure in January 2013.
  3. The CPI witnessed its lowest all-time figure in April, 1960.

Which of the above are true?

  1. 1 and 2

  2. 2 and 3

  3. 1 and 3

  4. All three
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Consumer Price Index (CPI) in India is reported by the Labour Bureau, Government of India. Historically, from 1960 until 2013, India Consumer Price Index (CPI) averaged 54.45 Index Points reaching an all time high of 221 Index Points in January of 2013 and a record low of 4.32 Index Points in April of 1960.

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