RBI Inflation Measurement Index
XAT 2023 · General Knowledge · Easy · General Knowledge
Which price index is being used to measure inflation by the Reserve Bank of India?
- A.
Industrial Cost and Price Indices
- B.
GDP Deflator
- C.
Consumer Price Index
- D.
Purchasing Power Parity based Index
- E.
Wholesale Price Index
Answer
C
Explanation
RBI uses the Consumer Price Index (CPI) as its key measure of inflation.
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