economics hard true/false

The Office of the Economic Adviser (OEA), Ministry of Commerce and Industry, is responsible for compiling the Consumer Price Index (CPI).

  1. True
  2. False

Answer: False

The OEA compiles and publishes the Wholesale Price Index (WPI). The Consumer Price Index (CPI) is compiled by the National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI), while the Labour Bureau compiles CPI for specific industrial and agricultural workers.

Topic Indian Economy - Data
Exam Relevance UPSC Prelims, SSC CGL

More Economics Questions