Which of the following brings out the 'Consumer Price Index Number for Industrial Workers?
- AThe Reserve Bank of India
- BThe Department of Economic Affairs
- CThe Labour BureauCorrect
- DThe Department of Personnel and Training
Explanation
In India, the Consumer Price Index (CPI) numbers for different categories of workers are compiled by different agencies. Specifically, the 'Consumer Price Index Number for Industrial Workers' (CPI-IW) is compiled and maintained by the Labour Bureau, which is an attached office of the Ministry of Labour & Employment. The CPI-IW is a crucial economic indicator, primarily used for determining the Dearness Allowance (DA) for government employees and for wage revisions in various industrial sectors.
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