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Current Affairs MCQ 635 of 1401 · Economy, Banking and Finance

The new Consumer Price Index (base 2024 = 100) uses weights from which survey?

  1. AThe Household Consumption Expenditure Survey 2023–24
  2. BThe Annual Survey of Industries 2022–23
  3. CThe National Family Health Survey 2019–21
  4. DThe Periodic Labour Force Survey 2023–24

Current Affairs 2025–26

Show answer and explanation

Correct answer: (a) The Household Consumption Expenditure Survey 2023–24

Explanation

The basket and weights come from the HCES 2023–24. The new basket has 358 items (350 goods and 8 services), against 299 before.

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