On July 12, 1982 the ARDC collaborated with
ANABARD
BExim Bank
CRBI
DNone of these
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Which of the following statements is/are correct regarding 'Wholesale Price Index' (WPI) and 'Consumer Price Index (CPI)?
i. WPI and CPI are economic indicators used to measure inflation.
ii. In WPI, the weight is based on average household expenditure taken from consumer expenditure data.
iii. In CPI, the weight of items is based on production values,
iv. CPI includes services, whereas WPI does not include services.