Question 94

CPI and WPI as acronyms refer to

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.

Share on Whatsapp Share on Whatsapp

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 Number Systems Questions XAT Geometry Questions XAT Data Sufficiency Questions XAT Venn Diagrams Questions XAT Linear Equations Questions

XAT DILR Questions | LRDI Questions For XAT

XAT Selection With Condition Questions XAT Table with Missing values Questions XAT Games and Tournamnents Questions XAT Special Charts Questions XAT Arrangement Questions

XAT Verbal Ability Questions | VARC Questions For XAT

XAT Critical Reasoning Questions XAT Reading Comprehension Questions XAT Grammar and Sentence Correction Questions XAT Para Jumbles Questions XAT Para Summary Questions

Also Read

XAT Exam

XAT Syllabus

XAT Admit Card

XAT Cutoffs

XAT Eligibility Criteria

XAT Exam Dates

XAT Colleges List

XAT Registration

XAT Result

XAT Previous Year Papers

XAT 2025 Crash Course

XAT Mock Tests

XAT 2013 Question Paper

CPI and WPI as acronyms refer to

XAT Quant Questions | XAT Quantitative Ability

XAT DILR Questions | LRDI Questions For XAT

XAT Verbal Ability Questions | VARC Questions For XAT

Also Read

Free XAT Topicwise Questions

Login to your Cracku account

Hello! 👋

Ready to Unlock Your Success?

Please Enter Your OTP

Please enter the following details

Create a free Cracku account

Get Started with 5000+ Free CAT Questions & Mock Tests with Detailed Solutions!