2020 · Q49
Which one of the following goods are included to estimate food inflation in India?
- 1Wheat
- 2Paddy
- 3Tobacco
- 4Sugar
Select the correct answer using the code given below:
indian-polity-economyeconomy-fundamentals
- A1,2 and 3
- B2,3 and 4
- C1,3 and 4
- D1,2 and 4
Explanation
Food inflation indices (WPI food articles; CPI food and beverages) cover cereals such as wheat and paddy and items such as sugar — statements 1, 2 and 4. Tobacco is a non-food intoxicant and is excluded from food inflation measurement.