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  9. Q64

JPSC 2023 · Question 64 of 199

Which Index is considered as the basis for estimation of Poverty in urban areas?

Indian Economy

  1. AConsumer Price Index of Agricultural Labourers
  2. BWholesale Price Index
  3. CStock Index
  4. DConsumer Price Index of Industrial Workers (CPI-IW)Correct

Answer: D. Consumer Price Index of Industrial Workers (CPI-IW)

Explanation

Urban poverty estimation uses the Consumer Price Index for Industrial Workers (CPI-IW) as the relevant price index.

Source: JPSC Combined Civil Services (PT) 2023 (Advt 01/2024), GS Paper-I, Booklet Series-B; answers per official model answer key

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