Which one of the following index measures the basket of commodities purchased by the consumer? Option 1: Wholesale price index Option 2: Consumer price index Option 3: GDP deflator Option 4: Producer price index

The answer is 'Consumer price index'. View full solution:

CUET Economics - Which one of the following index measures the basket of commodities purchased by the consumer? | PYQs + Solutions

CUET Economics 2026 31st May Shift 1

Macro

Easy

Wholesale price index

Consumer price index

GDP deflator

Producer price index

✅ Correct Option: 2