IIFT 2017 Question Paper Question 109

Instructions

The table below relates to data on Wholesale Price of India (WPI) for the period 2001-02 to 2015-16. WPI-based inflation is defined as percentage change in the value of the Index. Based on the table, answer the following questions:


Question 109

Which component(s) in WPI has registered a decline more than once between two consecutive years?

Solution

F&P observed a decline during 2008-09 and 2009-10. F&P observed a decline during 2014-15 and 2015-16 as well.  Therefore, option C is the right answer. 



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