NISM Certifications · NISM-Series-XV: Research Analyst · Economic Analysis
In India, the Consumer Price Index (Combined) used for the RBI's inflation targeting framework is compiled and released by which body?
The National Statistics Office under the Ministry of Statistics and Programme Implementation compiles and releases CPI (Combined). The RBI only uses it as its inflation target, while the Wholesale Price Index is published by the Office of the Economic Adviser in DPIIT.
- AReserve Bank of India
- BMinistry of Statistics and Programme Implementation (National Statistics Office)Correct
- COffice of the Economic Adviser, DPIIT
- DSEBI
Explanation
CPI (Combined) is released by the National Statistics Office under MoSPI. The Office of the Economic Adviser, DPIIT, publishes the Wholesale Price Index, not CPI. RBI uses CPI as its target but does not compile it.
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