Home PYQs UPPSC UPPSC MCQs Prelims 2012 (GS Paper I)

Question

The most common measure of estimating inflation in India is

  1. Price Index
  2. Wholesale Price Index
  3. Consumer Price Index
  4. Price Index of Industrial Goods

Answer:

Option C: Consumer Price Index

Detailed Solution:

The correct answer is “Consumer Price Index”.

Consumer Price Index or CPI is used to measure inflation in India because it is more holistic than other indices.