Wholesale Price Index (WPI) in India is compiled by: MCQ with Answer and Explanation

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Wholesale Price Index (WPI) in India is compiled by:

A. CSO

B. NSSO

C. Office of Economic Adviser, DPIIT

D. Labour Bureau

Answer: Option C

Solution (By JKSSB Mock Tests)

The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade compiles WPI.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

Perinatal Mortality Rate is particularly useful for evaluating:

A. Chronic disease management

B. Quality of antenatal and intrapartum care

C. Long-term elderly care

D. Adolescent health programs

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Correct Answer: Option B

Explanation:
Perinatal mortality (late fetal + early neonatal deaths) is closely linked to obstetric care quality, making it a key metric for assessing maternal and newborn health services around childbirth.

This question belongs to: Accountancy and Statistics Statistics

Question #2

For two attributes, if (AB) is less than the expected frequency under independence, there is:

A. No association

B. Perfect association

C. Negative association

D. Positive association

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Correct Answer: Option C

Explanation:
Observed less than expected indicates negative association.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Life expectancy at birth is best interpreted as:

A. The median age at death in a given year

B. The age by which 50% of the population has died

C. The maximum age reached by any individual in the population

D. The average number of years a newborn is expected to live if current mortality patterns persist

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Correct Answer: Option D

Explanation:
Life expectancy is a period measure derived from a life table, representing the mean survival time for a hypothetical cohort experiencing current age-specific death rates throughout life.

This question belongs to: Accountancy and Statistics Statistics

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