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Question

Q. Consider the following pairs:

List A List B
1. CPI IW Ministry of Labour and Employment
2. CPI AL Ministry of Agriculture & Farmers' Welfare
3. CPI RL Ministry of Rural Development

Which of the pairs given above is/are correct?

A
1 and 2 only
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B
2 and 3 only
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C
1 only
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D
1, 2 and 3
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Solution

The correct option is C 1 only

Explanation:

  • At the national level, there are four Consumer Price Index (CPI) numbers. These are:
    • CPI for Industrial Workers (IW),
    • CPI for Agricultural Labourers (AL),
    • CPI for Rural Labourers (RL) and
    • CPI for Urban Non-Manual Employees (UNME).
  • The base years of the current series of CPI(IW), CPI(AL) and CPI(RL), and CPI(UNME) are 1982, 1986-87 and 1984-85, respectively. While the first three are compiled and released by the Labour Bureau in the Ministry of Labour, the fourth one is released by the Central Statistical Organisation in the Ministry of Statistics and Programme Implementation.

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