The index used to measure changes in the cost of living of consumers is:

CA Foundation · Quantitative Aptitude · MTP · September 2026
The index used to measure changes in the cost of living of consumers is:
(A) A. Wholesale Price Index
(B) B. Consumer Price Index
(C) C. Quantity Index
(D) D. Value Index

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Consumer Price Index

Topics: Part-C: Statistics

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