Economic Awareness - Sectors of Indian Economy
Which of the following is NOT a component of the Wholesale Price Index (WPI) in India?
Which of the following is NOT a component of the Wholesale Price Index (WPI) in India?
easy Q12 of 15
Step-by-Step Solution
Step 1: Understand WPI components
WPI includes goods categories but excludes services.Step 2: Analyze options
Primary articles, fuel & power, and manufactured products are included; services sector is excluded.Final Answer:
Services Sector → Option AQuick Check:
Services Sector = correct ✅
Quick Trick: Remember WPI covers only goods, not services.
Common Mistakes:
- Mistaking WPI to include services like CPI does.
Master "Sectors of Indian Economy" in Economic Awareness
Start learning the concept with an interactive lesson.
Want More Practice?
15+ quiz questions · All difficulty levels · Free
Free Signup - Practice All QuestionsMore Economic Awareness Quizzes