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Consider the following statements with respect to Consumer Price Index and select the correct answer from the codes given below :

1. It computes price changes in both goods and services.

2. It is computed by the Office of Economic Advisor (OEA), Department of Industrial Policy and Promotion.

3. It is taken as the measure of inflation while formulating Monetary Policy by RBI.

Codes :

U.P.B.E.O. (Pre) 2019

[Fiscal Policy, Inflation Planning and Banking]
A
B
C
D

EXPLANATION

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