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The base year of the Wholesale Price Index series introduced in 1999 was

  • A.1993-94
  • B.1971-72
  • C.1980-81
  • D.1981-82

Answer: A

The base year was 1993-94.

The Wholesale Price Index series with this base was introduced in 1999, replacing the 1981-82 series. It was later revised to 2004-05 and then to 2011-12, each revision widening the basket to reflect changes in the structure of production.

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