The current price index (base 1960) is nearly 330. This mean

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465

M: +2.00/-0.50

The current price index (base 1960) is nearly 330. This means that

I.A.S. (Pre) 1998

[Fiscal Policy, Inflation Planning and Banking]

all items cost 3.3 times more than what they did in 1960

the prices of certain selected items have gone upto 3.3 times

weighted mean of prices of certain items has increased 3.3 times

gold price has gone up 3.3 times

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