UP TGT Mathematics Statistics Test Series - Part 6

Wholesale Price Index (WPI) in India differs primarily from CPI because WPI:

Type: MCQ • Marks: 1
Wholesale Price Index (WPI) in India differs primarily from CPI because WPI:
Options
A. Measures price changes at retail level including services
B. Covers only retail goods consumed by urban households
C. Uses current year weights only
D. Measures price changes at primary market level and excludes services
Explanation
WPI tracks price changes at wholesale/bulk transaction level and does not cover services, whereas CPI covers retail prices including services.
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