n NISM Certifications
XV NISM Series XV
Medium

What does the Wholesale Price Index (WPI) indicate?

Practice question from NISM XV Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Basket of products priced at wholesale level

    Correct answer

  2. B

    Basket of products priced at retail level

  3. C

    Basket of products priced at both wholesale and retail

  4. D

    None of the above

Why this is the answer

WPI measures price changes at the wholesale level, unlike CPI which reflects retail-level price changes.

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