Wholesale Price Index (WPI) in India currently uses which base year?
A. 2015-16
B. 2004-05
C. 2020-21
D. 2011-12
Answer: Option D
Solution (By JKSSB Mock Tests)
As of recent revisions, India's WPI uses 2011-12 as the base year (index=100), updated periodically by the Office of Economic Advisor, Ministry of Commerce and Industry.
Consider the following: I. Observation method can record attitudes. II. Interview method allows probing. III. Mailed questionnaire has high response rate. Which of the above is/are correct?
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