Question

Q18) Which of the following will release the Wholesale Price Index data?

• A. a) Ministry of Finance
• B. b) Reserve Bank of India
• C. c) Central Statistics Office
• D. d) Office of the Economic Adviser

Answer 1

The correct option is D d) Office of the Economic Adviser

Answer 18: D

Explanation: Office of the Economic Adviser (OEA) is an attached office of the Ministry of Commerce & Industry.
The Wholesale Price Index (WPI) is the price of a representative basket of wholesale goods. Some countries (like the Philippines) use
WPI changes as a central measure of inflation. But now India has adopted new CPI to measure inflation.