Q56: Which of the following is best described as: Index measuring changes in retail prices of a basket of cons | UPSC EPFO APFC 2026
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Which of the following is best described as: Index measuring changes in retail prices of a basket of consumer goods and services

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Question ID #26744 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC 2026 Full-Length Mock Test 3 Medium

Which of the following is best described as: Index measuring changes in retail prices of a basket of consumer goods and services

Correct Answer: B. Consumer Price Index
The correct answer is Consumer Price Index. Index measuring changes in retail prices of a basket of consumer goods and services
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Which of the following is best described as: Index measuring changes in retail prices of a basket of consumer goods and services - MCQ Explanation

This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.

Correct answer: B. Consumer Price Index

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