gs1easy
Which of the following brings out the ‘Consumer Price Index’ Number for the Industrial Workers?
- A.The Reserve Bank of India
- B.The Department of Economic Affairs
- C.The Labour Bureau
- D.The department of Personnel and Training
▶ Answer & Explanation
Correct answer: C. The Labour Bureau
The Labour Bureau, an attached office of the Ministry of Labour and Employment, is responsible for the compilation and publication of the Consumer Price Index for Industrial Workers (CPI-IW) in India. This index is a crucial measure of inflation impacting a significant segment of the workforce and is used for various economic policy decisions.
Source: UPSC gs1 2015