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Consumer Price Index

To calculate ...

Question

To calculate the impact of inflation on teachers, doctors, and engineers, which price index will be used?

A

CPI for white-collar employees

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B

Wholesale price index

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C

Food price index

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D

CPI for industrial labourers

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Solution

The correct option is A CPI for white-collar employees
Consumer price index or CPI is calculated for the goods and services that are bought at retail stores like books, stationery, groceries, etc. It is calculated separately based on the employment and also the location.

People who work as teachers, engineers, business, doctors, and so on are called non-manual or white-collar employees. They have a separate CPI.

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Q. Some statements are given, followed by some conclusions. Consider the statements to be true even if they seem to be at variance from commonly known facts. Decide which of the given conclusions follow from the given statements.

Statements: Some doctors are lawyers. All teachers are lawyers. Some engineers are lawyers. All engineers are businessmen.
Conclusions:
I. Some teachers are doctors.
II. Some businessmen are lawyers.
III. Some businessmen are teachers.
IV. Some lawyers are teachers.

Q. In the question, four statements are given, followed by four conclusions. Consider the statements to be true even if it seems to be at variance from commonly known facts. Decide which of the given conclusions, if any, follow(s) from the given statements.

Statements

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Some doctors are advocates.
All teachers are advocates.
Some engineers are advocates.
All engineers are businessmen.

Conclusions

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1.

Some teachers are doctors.

2.

Some businessmen are advocates.

3.

Some businessmen are teachers.

4.

Some advocates are teachers.

Q. What is the number of male teachers who are neither doctors nor engineers ?

Q. What is the number of engineers who are neither doctors nor lady teachers?

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