Which of the following brings out the 'Consumer Price Index Number for Industrial Workers'?
- (a) The Reserve Bank of India
- (b) The Department of Economic Affairs
- (c) The Labour Bureau ✓ UPSC's answer
- (d) The Department of Personnel and Training
Why the answer is (c)
• The Consumer Price Index for Industrial Workers (CPI-IW) is compiled and released monthly by the Labour Bureau, Shimla, under the Ministry of Labour and Employment — option (c).
• It is used to fix dearness allowance for government employees and industrial workers; its base year was revised to 2016.
• The RBI (a) targets CPI-Combined compiled by NSO; DEA (b) and DoPT (d) do not compile price indices.
• Hence option (c).
Why the other options are wrong
- (a) The Reserve Bank of India
- The RBI uses but does not compile CPI-IW.
- (b) The Department of Economic Affairs
- DEA does not compile price indices.
- (d) The Department of Personnel and Training
- DoPT does not compile price indices.
Asked in the GS Paper I of the UPSC Civil Services Preliminary Examination 2015, held on 23 August 2015. Question and answer key: Union Public Service Commission. Explanation: UPSC Answer Check.