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EconomyHard

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

  1. A.Weight 24.99 per cent, inflation 7.05 per cent
  2. B.Weight 22.93 per cent, inflation 6.65 per cent
  3. C.Weight 24.99 per cent, inflation 9.92 per cent
  4. D.Weight 18.50 per cent, inflation 7.05 per cent

Correct answer

A. Weight 24.99 per cent, inflation 7.05 per cent

Explanation

The correct answer is a weight of 24.99 per cent with inflation of 7.05 per cent. The WPI Food Index is not a major group on its own; it is built by taking Food Articles out of the Primary Articles group and the manufacture of food products out of the Manufactured Products group, and putting them together. Option B is wrong on both counts: 22.93 per cent is the inflation of the Fuel and Power group rather than any weight, and 6.65 per cent was the Food Index rate in July 2026, the previous month. Option C gives the right weight but attaches the headline all commodities rate of 9.92 per cent to it, which belongs to the whole index and not to food alone. Option D invents a weight that does not appear in the release. Note the direction of movement as well, since food inflation in the wholesale series climbed from 6.65 per cent in July to 7.05 per cent in August.

Read the full article: WPI Inflation Rises to 9.92 Percent in August 2026

Q3.EconomyMedium

What was the theme of the 14th India Chem 2026 held in Mumbai?

  1. A.Advantage Bharat: An Emerging Global Chemicals Hub
  2. B.Chemicals for a Viksit Bharat
  3. C.Green Chemistry, Green Growth
  4. D.Make in India, Mix in India
Show answer
Correct answer: A. Advantage Bharat: An Emerging Global Chemicals Hub

The 14th edition of India Chem was organised in Mumbai from 22 to 24 October 2026 as a three-day event aimed at drawing investment and promoting sustainable growth in chemicals and petrochemicals.