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ExamsIBPS POGeneral Awareness

Directions (127-128): India’s wholesale inflation soared to a three-decade high in April as high commodity prices and supply-chain disruptions pushed up input costs for producers. The annual rate of inflation was 15.08% (Provisional) for the month of April 2022 (Y-o-Y) as compared to 10.74% in April 2021. It is published by-

  1. RBI
  2. Ministry of Commerce and Industry
  3. Ministry of Finance
  4. National Statistics office

Correct answer: Ministry of Commerce and Industry

Solution

WPI is the wholesale price index, and in India it is released by the Office of the Economic Adviser under the Ministry of Commerce and Industry. It tracks price changes at the wholesale level, so the correct publisher is that ministry, not RBI or NSO.

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