Prelims Test State Batch 04 Nov 2026

Q1.Consider the following statements:

1. India’s Producer Price Indices cover services, while WPI covers goods only.
2. PPI covers domestic output only, while WPI also includes imported goods.
3. India’s Service PPI is released every month.

Which of the statements given above is/are correct?

Q2. Monetary policy in India is mainly concerned with:

Q3. Which of the following is a key difference between CPI and WPI?

Q4. With reference to India’s Monetary Policy Committee (MPC), which of the following is correct?

Q5.Which of the following are supply-side measures to control food inflation?

1. Restrictions on onion exports
2. A cut in import duty on edible oils
3. A hike in the repo rate
4. Release of buffer stocks of pulses under the Price Stabilisation Fund

Select the correct answer using the code given below.

Q6. Consider the following statements about India’s new Wholesale Price Index series:

1. Its base year is 2022-23.
2. Its basket has been expanded from 697 to 957 items.
3. Crude petroleum and natural gas have been moved from ‘Primary Articles’ to ‘Fuel and Power’.Which of the statements given above is/are correct?

Q7. Consider the following statements about India’s new Consumer Price Index series:

1. Its base year is 2024.
2. The weight of food and beverages in it has risen above 50%.
3. Its items are grouped into 12 divisions in line with the international COICOP 2018 classification.
4. Its weights are based on the Household Consumption Expenditure Survey (HCES) 2023-24.

How many of the above statements are correct?

Q8. A Producer Price Index (PPI) measures:

Q9. In India’s Wholesale Price Index (WPI), which major group carries the highest weight?

Q10.In India, the Consumer Price Index (Combined), which RBI uses for inflation targeting, is compiled by: