Which of the following brings out the 'Consumer Price Index Number for Industrial Workers'?
A
The Reserve Bank of India
B
The Department of Economic Affairs
C
The Labour Bureau
Correct Answer
D
The Department of Personnel and Training
Explanation
The Consumer Price Index for Industrial Workers (CPI-IW) is compiled and released by the Labour Bureau, an attached office of the Ministry of Labour and Employment. While the National Statistical Office (NSO) releases the headline CPI (Combined), the Labour Bureau specifically manages sectoral indices like those for industrial workers and agricultural laborers. The core concept being tested is the institutional framework and the specific government agencies responsible for measuring different inflation indices in India.
Inflation & Price IndicesConsumer Price Index (CPI)Consumer Price IndexCPI-IWIndustrial WorkersLabour BureauReserve Bank of IndiaDepartment of Economic Affairs