Inflation and CPI MCQ — 1 Practice Questions with Answers

Practice 1 Inflation and CPI multiple-choice questions with detailed answers and explanations. Ideal for RAS/RPSC exam preparation.

1 Questions Indian Economy

Q1. Which organisation compiles and releases India's Consumer Price Index (CPI) data?

A National Statistical Office (NSO) under MoSPI Correct

B Reserve Bank of India

C Office of Economic Adviser, DPIIT

D NITI Aayog

Explanation

The National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) compiles and releases the Consumer Price Index (CPI) for India. The Office of Economic Adviser under DPIIT compiles the Wholesale Price Index (WPI), while the RBI uses CPI as its nominal anchor for monetary policy.

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There are 1 Inflation and CPI practice MCQs available on Aspirant Academy, with detailed answers and explanations for each question.

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Yes, every Inflation and CPI question comes with the correct answer and a detailed explanation to help you understand the underlying concept.

How is Inflation and CPI relevant to the RAS/RPSC exam?

Inflation and CPI falls under the Indian Economy section of the RAS/RPSC syllabus. It is a frequently tested area and regular practice with these MCQs will strengthen your preparation.

Can I practice Inflation and CPI questions in Hindi?

Yes, Aspirant Academy offers bilingual support. You can practice Inflation and CPI MCQs in both English and Hindi, including questions, options, and explanations.

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Inflation and CPI MCQ — 1 Practice Questions with Answers

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