Which reference to the Wholesale Price Index (WPI), consider the following statements: 1. The new WPI series with base 1993-94 = 100 became effective from April 1998 2. In the new WPI series, became effective from 1 April 2000. 3. The weight for electricity has increased in the new WPI series Which of these statements are correct ?
Options
(a)1, 2 and 3
(b)2 and 3
(c)1 and 3
(d)1 and 2
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Class 12National Income Accounting— NCERT Economics, Chapter 2. National income accounting measures an economy's yearly flow of production. Only final goods are counted — consumption goods and capital goods — because intermediate…
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