Que.

Which of the following is incorrect about inflation?

  • A. Inflation rate going down does not mean prices are declining
  • B. The inflation rate in India is calculated on the basis of wholesale price index
  • C. For some commodities retail prices are also considered for measurement of inflation
  • D. Inflation indicates the rise in the price of a basket of commodities on a point-to-point basis

Right Answer is :
✓ A. Inflation rate going down does not mean prices are declining
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