2017 · Q100
Which one of the following indices is now used by the Reserve Bank of India to measure the rate of inflation in India ?
General KnowledgeIndian Economy
- ANASDAQ Index
- BBSE Index
- CConsumer Price index
- DWholesale Price Index
Explanation
Since the Urjit Patel Committee's recommendations (2014), the RBI targets inflation using the Consumer Price Index (CPI-Combined), replacing WPI as the nominal anchor. Hence C.