CPI-IW is a crucial measure used to calculate dearness allowance (DA) for central and state government employees and industrial workers.
Which of the following brings out the Consumer Price Index number for the industrial workers?
Asked in GPSC Prelims CSP 2 2021 · Topic: National Income & Gross Domestic Product (Gross Domestic Product (GDP): Concepts and Measures)
More Economic Development questions
- Which of the following statements are correct regarding recent revisions pertaining to Consumer Price Index for Industrial Workers (CPI-IW)? 1. Base year has been revised to 2017 2. Dearness Allowance has been increased owing to base year change 3. Aim is to keep revising series every 5 years
- The number of oranges in three baskets are in the ratio 3 : 4 : 5. In which ratio the no. of oranges in first two baskets must be increased so that the new ratio becomes 5 : 4 : 3 ?
- A jar contains 12 marbles : 4 red, 5 blue and 3 orange. If 3 marbles are taken out of it without replacement, what is the probability of getting all three colours in the order of blue, orange, red respectively?
- Which of the following is/are the component(s) of Gross Domestic Capital Formation (GDCF) ? (1) Gross Domestic Savings (2) Net Capital Inflow (3) Direct Foreign Investment Codes :
- What is India's estimated GDP growth rate for 2018-19 in the Economic Survey ? C. 7%-7.5% D. 7%-7.2% Ans: B Economic surveys provide an official review of the country's economic performance in the past year and an outlook for the future, often quoting or referencing official GDP estimates and projections made by government bodies like the Central Statistics Office (CSO). 52. A man has some hens and cows. If the number of heads be 48 and the number of feet equals 140, then the number of hens will be
- According to Economic Survey 2020-21, real growth rate for financial year 2022 is assumed as based on IMF (International Monetary Fund) estimates ?
- Recently, the Government of India has revised the base year for the estimation of Gross Domestic Product (GDP) to:
- The base year for Wholesale Price Index has shifted to _____, against the earlier base year of 2004-05.