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UPSC 2001: The new series of Wholesale Price Index (WPI) released by the Government of India is with reference to the base prices of
(a)1981-82
(b)1990-91
(c)1993-94
(d)1994-95
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Not attemptedCorrect Answer: (c) 1993-94
The Government of India introduced a new WPI series in 1999-2000 with the base year 1993-94 (index = 100). The earlier series used 1981-82, while later revisions (e.g., 2004-05, 2011-12) came much after 2001. Hence option (c) 1993-94 is correct. ([mospi.gov.in](https://mospi.gov.in/114-national-wholesale-price-index-number?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2001 Indian Economy question?▼
The correct answer is option (c): 1993-94. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Inflation & Price Indices question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2001, GS Paper 1, as Question 9. It falls under Indian Economy > Inflation & Price Indices.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Inflation & Price Indices?▼
UPSC has asked 15 questions from Inflation & Price Indices (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.