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The latest Messages 22
2021-09-14 14:49:36
https://defenceguide.in/icg-admit-card-out-now/
505 viewsDEFENCE GUIDE, 11:49
2021-09-14 14:22:01
IMAWITHLOVE pinned «Be ready at 5pm NDA AUR CDSE WALE BILKUL READY RHE...EK DO QUESTIONS ARAM SE FASENGE »
11:22
2021-09-13 19:41:10
The Hindu Newspaper analysis September 11
572 viewsSrikanth Ghodke, 16:41
2021-09-13 19:28:31
Famous Tribes of the World
==============================
Abhors tribe Arunachal Pradesh and Assam
Afridis tribe Pakistan
Akuntsu (Akunt'su or Akunsu) tribe Brazil
Awa tribe Brazil
Batak tribe Indonesia
Bantus tribe Africa
Berbers tribe Morocco, Algeria, Tunisia
Boers tribe South Africa
Bindibu tribe Western Australia
Cossacks tribe Russia
Eskimos tribe Greenland, Canada
Flemings tribe Belgium
Gaucho tribe Uruguay, Argentina
Hamits tribe Africa
Jarawas tribe Andaman and Nicobar Islands
Korowai tribe Papua (New Guinea)
Kyrgyz (Kirghiz) tribe Central Asia
Kikuyu tribe Kenya
Kurds (Kurdish) tribe Iraq
Magyars tribe Hungary
Maoris tribe New Zealand
Masai tribe East Africa
Negroes tribe Africa
Papuans tribe New Guinea
Pygmies tribe Congo Basin (Africa)
Red Indians tribe North America
Sentinelese tribe Andaman and Nicobar Islands
Veddas tribe Sri Lanka
Zulus tribe South Africa
Zoe tribe Brazil@examground
463 viewsAman Agarwal, 16:28
2021-09-11 10:00:48
Inflation
* Inflation refers to the rise in the prices of most goods and services of daily or common use, such as food, clothing, housing, recreation, transport, consumer staples, etc.
* Inflation measures the average price change in a basket of commodities and services over time.
* Inflation is indicative of the decrease in the purchasing power of a unit of a country’s currency. This could ultimately lead to a deceleration in economic growth.
* However, a moderate level of inflation is required in the economy to ensure that production is promoted.
* In India, the NSO under the Ministry of Statistics and Programme Implementation measures inflation.
# Measurement of Inflation in India
* Wholesale Price Index (WPI)
It is the most widely used inflation indicator in India.
Published by the Office of Economic Adviser, Ministry of Commerce and Industry.
All transactions at the first point of bulk sale in the domestic market are included.
Major criticism for this index is that the general public does not buy products at wholesale price.
The base year of All-India WPI has been revised from 2004-05 to 2011-12 in 2017.
* Consumer Price Index (CPI)
It measures price changes from the perspective of a retail buyer.
It measures changes over time in the level of retail prices of selected goods and services on which consumers of a defined group spend their incomes.
Four types of CPI are as follows:
CPI for Industrial Workers (IW).
CPI for Agricultural Labourer (AL).
CPI for Rural Labourer (RL).
CPI (Rural/Urban/Combined).
Of these, the first three are compiled by the Labour Bureau in the Ministry of Labour and Employment. Fourth is compiled by the Central Statistical Organisation (CSO) in the Ministry of Statistics and Programme Implementation.
Base Year for CPI is 2012.
# CPI vs. WPI
* WPI, tracks inflation at the producer level and CPI captures changes in prices levels at the consumer level.
* Both baskets measure inflationary trends (the movement of price signals) within the broader economy, the two indices differ in which weightages are assigned to food, fuel and manufactured items.
* WPI does not capture changes in the prices of services, which CPI does.
* In April 2014, the RBI had adopted the CPI as its key measure of inflation.@examground
@examground
131 viewsAman Agarwal, 07:00
2021-09-11 04:58:23
The Hindu is not published today as it is a holiday on account of Ganesh Chaturthi.
384 viewsSrikanth Ghodke, 01:58
2021-09-10 16:14:58
60 views and 57 likes
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VERY IMPORTANT FOR ALL DEFENCE EXAMINATIONS
293 viewsAman Agarwal, 13:14
2021-09-10 14:54:40
IMAWITHLOVE pinned «
11:54
2021-09-10 14:54:28
323 viewsAman Agarwal, 11:54
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