Dearness Allowance is a direct measure to offset the impact of inflation on the purchasing power of employees. CPI-IW is the primary tool for this adjustment for central government employees.
Which one of the following index numbers is used for calculating the Dearness Allowance (DA) of Central Government Employee? (1) Wholesale Price Index (2) Consumer Price Index (Industrial Workers) (3) Index of Industrial Production (4) Consumer Price Index (Rural, Urban, Combined) (5) Question not attempted
Asked in Research Assistant (Evaluation Dept.) 2024 · Topic: Money & Banking (Inflation: Types, Causes, Effects, and Monetary Policy Responses)
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