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EconomyMedium

What is the base year of the Wholesale Price Index series used in this release?

  1. A.2011-12
  2. B.2004-05
  3. C.2022-23
  4. D.2017-18

Correct answer

C. 2022-23

Explanation

The correct answer is 2022-23. Every index figure in the release, for the Wholesale Price Index as well as for the Output Producer Price Index and the trial Input Producer Price Index, is stated on the 2022-23 base year. Options A, 2011-12, B, 2004-05, and D, 2017-18, are all older base years used for various Indian statistical series and are offered here as plausible distractors; none of them is the base used for the figures reported for September 2026. The base year matters for exams because an index level only means something against its own base: the all-commodities reading of 112.5 for September 2026 says how far wholesale prices have moved above their base-period level. The release also notes that item-wise data for this series runs from April 2023 onwards.

Read the full article: WPI Inflation Rises to 11.39 Per Cent in September 2026

Q3.EconomyHard

What was the weight of the WPI Food Index, and what inflation did it record in September 2026?

  1. A.Weight 24.99 per cent, inflation 8.66 per cent
  2. B.Weight 15.97 per cent, inflation 7.05 per cent
  3. C.Weight 22.75 per cent, inflation 8.14 per cent
  4. D.Weight 63.12 per cent, inflation 9.76 per cent
Show answer
Correct answer: A. Weight 24.99 per cent, inflation 8.66 per cent

The WPI Food Index is a composite built from food articles within the Primary Articles major group and manufactured food products within the Manufactured Products group, and it carries a weight of 24.99 per cent in the index.

Read the full explanation →
Q4.EconomyMedium

How many coir units are registered on the Udyam registration portal, and how many people do they employ?

  1. A.Over 11,000 units, employing 1.2 lakh persons
  2. B.Over 21,000 units, employing 2.3 lakh persons
  3. C.Over 31,000 units, employing 4.5 lakh persons
  4. D.Over 51,000 units, employing 8.1 lakh persons
Show answer
Correct answer: B. Over 21,000 units, employing 2.3 lakh persons

Bringing these units on to the Udyam registration portal places them inside the formal MSME policy system, so they can reach the credit, training and market support the government offers.

Read the full explanation →
Q5.EconomyMedium

The Coir Vikas Yojana (CVY) is a central sector scheme of which Union ministry?

  1. A.Ministry of Textiles
  2. B.Ministry of Agriculture and Farmers’ Welfare
  3. C.Ministry of Commerce and Industry
  4. D.Ministry of Micro, Small and Medium Enterprises
Show answer
Correct answer: D. Ministry of Micro, Small and Medium Enterprises

The scheme funds the development of machines, technologies and products, conducts skill training and promotional work, pushes sales in domestic as well as overseas markets, creates awareness through publicity and trade fairs, gives financial help to lift sales, takes exporters to international exhibitions and compiles the sector’s statistics.

Read the full explanation →