Q: Consider the following statements regarding weightage of different articles in Wholesale Price Index (WPI): 1. Fuel and power have higher weightage in WPI than that of primary articles. 2. Weightage of manufactured products in WPI is higher than that of fuel and power. Which of the statements given above is/are correct?
(a)1 only
(b)2 only
(c)Both 1 and 2
(d)Neither 1 nor 2
Correct Answer: (b)
The correct answer is (c) 'Both 1 and 2'. Among the 2 statements given, this option correctly identifies which statements are accurate regarding Banking & Financial Sector (Indian Economy).