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Question of the day: Consider the following statements regardi | ECONOMY by VIVEK SINGH

Question of the day:
Consider the following statements regarding the current "Wholesale Price Index (WPI)" series with base year 2011-12:

(i) The weights of the commodities in WPI basket are fixed till the revision/change in base year

(ii) The weights of the commodities in WPI basket are determined based on domestic production plus net of exports

(iii) The weights of the commodities in WPI basket are determined based on domestic production plus net of imports

(iv) "Manufactured Products" have the highest weight in WPI basket