Which economic indicator is commonly used to measure inflation in India?

CA Foundation · Business Economics · MTP · January 2025
Which economic indicator is commonly used to measure inflation in India?
(A) A. Gross Domestic Product (GDP)
(B) B. Consumer Price Index (CPI)
(C) C. Producer Price Index (PPI)
(D) D. Index of Industrial Production (IIP)

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Consumer Price Index (CPI)

Topics: Public Finance

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic