Cost of Living Index is essentially a type of: MCQ with Answer and Explanation

Cost of Living Index is essentially a type of:
A. Wholesale Price Index
B. Producer Price Index
C. Export-Import Price Index
D. Consumer Price Index tailored to specific population groups
Answer: Option D
Solution (By JKExamLibrary)
Cost of Living Index is a specialized CPI that reflects price changes for a consumption basket relevant to a particular demographic (e.g., industrial workers), used for wage adjustments and welfare analysis.

This question belongs to: Accountancy and Statistics Statistics

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