At which stage Wholesale Price Index (WPI) based inflation is calculated?
A. First stage of transaction
B. Final stage of transaction
C. Intermediate stage of production
D. None of the above
Answer:A
At which stage Wholesale Price Index (WPI) based inflation is calculated?
A. First stage of transaction B. Final stage of transaction C. Intermediate stage of production D. None of the above
Explanation: The Wholesale Price Index (WPI) is calculated on the basis of the payment made by the producers and the big traders in the wholesale market.