Multiple choice

The basis of determining dearness allowance to employees in India is

  1. Standard of Living

  2. National Income

  3. Per Capita Income

  4. Consumer Price Index

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The basis of determining dearness allowance to employees in India is Consumer Price Index. A consumer price index (CPI) measures changes in the price level of consumer goods and services purchased by households.