Question of The Day23-04-2021

Which of the following ministries calculate Consumer Price Index (CPI)?

Answer

Correct Answer : d ) Ministry of Statistics and Program Implementation

Explanation :

Consumer Price Index (CPI) data is collected and compiled by Ministry of Statistics and Program Implementation. CPI is studied by institutes like Reserve Bank of India and other statistical agencies to understand price change of various commodities. It is also used to keep a check on inflation.

Hence, option (d) is correct.

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