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Q29·GS Paper 1 · Prelims 2015

Consumer Price Index for Industrial Workers

EconomyEconomic statistics and indicesFactual singleEasyStatic

Question

Which of the following brings out the 'Consumer Price Index Number for Industrial Workers'?

Options

a

The Reserve Bank of India

b

The Department of Economic Affairs

c

The Labour Bureau

Answer
d

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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