Q.

Which of the following brings out the 'Consumer Price Index Number' for Industrial workers?

A. RBI
B. The Labour Bureau
C. Commerce Department
D. NITI Aayog
Answer» B. The Labour Bureau
Explanation: The Consumer Price Index Numbers for Industrial Workers CPI (IW) are being compiled, maintained and disseminated by the Labour Bureau since its inception in October, 1946. These index numbers are being utilized for fixation and revision of wages and de-termination of variable Dearness Allowances payable to workers in organized sectors of the economy. These index numbers are compiled by the Bureau on month to month basis.
1.5k
0
Do you find this helpful?
1

View all MCQs in

Economics (GK)

Discussion

No comments yet