Solution
CPI and WPI are price indices used to keep track of inflation.
CPI is the abbreviation of Consumer Price index. It calculates the average price paid by the consumer to the shopkeepers.
WPI is the abbreviation of Wholesale price index. It calculates the price paid by the manufactures and wholesalers in the market.
Therefore, option C is the right answer.
Get AI Help
Create a FREE account and get:
- All Quant Formulas and shortcuts PDF
- 15 XAT previous papers with solutions PDF
- XAT Trial Classes for FREE
XAT Quant Questions | XAT Quantitative Ability
XAT Profit and Loss QuestionsXAT Functions, Graphs and Statistics QuestionsXAT Quadratic Equations QuestionsXAT Geometry QuestionsXAT Time, Speed and Distance Questions
XAT DILR Questions | LRDI Questions For XAT
XAT Quant Based LR QuestionsXAT Quant Based DI QuestionsXAT Truth Lie Concept QuestionsXAT Scheduling QuestionsXAT Data change over a period Questions
XAT Verbal Ability Questions | VARC Questions For XAT
Free XAT Topicwise Questions
XAT Linear EquationsXAT Capitals and CurrenciesXAT Number SystemsXAT DI with connected data setsXAT Venn DiagramsXAT PuzzlesXAT Important OrganizationsXAT Invention and DiscoveriesXAT Science and TechnologyXAT Averages, Ratio and ProportionXAT Progressions and SeriesXAT Para SummaryXAT Data InterpretationXAT Functions, Graphs and StatisticsXAT Reading ComprehensionXAT ChartsXAT ChemistryXAT Indian National Static GKXAT Data SufficiencyXAT Quant Based DIXAT Critical ReasoningXAT Time, Speed and DistanceXAT MiscellaneousXAT Politics and GovernanceXAT BusinessXAT Quant Based LRXAT EconomicsXAT People and AwardsXAT Logarithms, Surds and IndicesXAT Profit and LossXAT Books and MoviesXAT Probability, CombinatoricsXAT Quadratic EquationsXAT Decision MakingXAT Data change over a periodXAT GeographyXAT Grammar and Sentence CorrectionXAT SchedulingXAT HistoryXAT Selection With ConditionXAT GKXAT ArrangementXAT Current AffairsXAT CultureXAT Truth Lie ConceptXAT Games and TournamnentsXAT International GKXAT GeometryXAT Special ChartsXAT InequalitiesXAT BiologyXAT SportsXAT Para JumblesXAT Data Interpretation BasicsXAT Vocabulary
Book Free CAT Mentorship
Get personalized CAT strategy from a 99%iler
500+ students mentored
OTP Verification
Enter the 6-digit code sent to your phone
Booking Summary
Session:Free CAT Mentorship
Phone:
Date:
Time:
Enter OTP
Didn't receive the OTP?
