In India, inflation is measured by the:

(a) Wholesale Price Index number

(b) Consumers Price Index for urban non-manual workers

(c) Consumers Price Index for agricultural workers

(d) National Income Deflation


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(a) Inflation means rise in general price level over a period of time with expectations of further increases. It is measured by changes in WPI (Wholesale Price Index). The base year to calculate WPI is 1993-94 since April 2000.

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