WBCS.LIVE practice question

Which of the following has the highest weightage in the Wholesale Price Index (WPI) in India?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Manufactured Products
  2. Primary Articles
  3. Fuel and Power
  4. Food Articles

Correct answer and explanation

Correct answer: Manufactured Products

Explanation: āœ… Correct Answer: A) Manufactured Products šŸ“š Explanation: The WPI basket is divided into three major groups: Manufactured Products, Primary Articles, and Fuel & Power. Manufactured Products carry the highest weightage, approximately 64.2%. Primary Articles carry around 22.6%, while Fuel & Power accounts for the remaining 13.2%. WPI measures price changes at the level of the producer or wholesaler.