The 'Wholesale Price Index' in India is released by: MCQ with Answer and Explanation

The 'Wholesale Price Index' in India is released by:
A. NSO
B. Labour Bureau
C. Office of Economic Adviser, Ministry of Commerce and Industry
D. RBI
Answer: Option C
Solution (By JKSSB Mock Tests)
WPI is released by the Office of Economic Adviser.

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Practice More Economy Set 1 Questions

Question #1
The 'Bretton Woods twins' refer to:
A. IMF and World Bank
B. UNESCO and FAO
C. WTO and UNCTAD
D. ILO and WHO

Correct Answer: Option A


Explanation:
The IMF and World Bank are known as the Bretton Woods twins.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' on fertilizers is:
A. 18%
B. 0%
C. 5%
D. 12%

Correct Answer: Option C


Explanation:
Fertilizers attract 5% GST.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'zero-based budgeting' was first introduced in India in the budget of:
A. 1991-92
B. 1985-86
C. 2001-02
D. 1986-87

Correct Answer: Option D


Explanation:
Zero-based budgeting was introduced in the Union Budget 1986-87.

This question belongs to: Economy GK Economy Set 1