Consumer Price Index for Industrial Workers
Question
Which of the following brings out the 'Consumer Price Index Number for Industrial Workers'?
Options
The Reserve Bank of India
The Department of Economic Affairs
The Labour Bureau
The Department of Personnel and Training
Explanation
The Labour Bureau, which is part of the Ministry of Labour and Employment, Government of India, compiles and publishes the Consumer Price Index Number for Industrial Workers (also known as CPI-IW). This index measures price inflation for industrial workers' consumption. The Reserve Bank of India publishes wholesale price indices, the Department of Economic Affairs handles economic policy, and the Department of Personnel and Training deals with HR matters. The Labour Bureau is the designated agency for labor-related statistics and indices. > The Labour Bureau tracks inflation through CPI-IW for the working-class population. Answer: (c).
Question details
Year
2015
Paper
GS Paper 1
Question
Q29
Subject
Economy
Sub-topic
Economic statistics and indices
Type
Factual single
Difficulty
Easy
Nature
Static
Source hint
Government of India statistical agencies
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