Economics • Indian EconomyMedium
Which index is released by the Reserve Bank of India to gauge the confidence of consumers regarding the general economic situation, employment, price levels, and household income?
A. Consumer Confidence Survey (CCS)✓ Correct Answer
B. Index of Industrial Production (IIP)
C. Purchasing Managers' Index (PMI)
D. WPI Inflation Index
💡 Solution & Explanation
The Consumer Confidence Survey is periodically conducted by the Reserve Bank of India to gauge consumer sentiment regarding economic conditions, price levels, and employment prospects across major urban centers. In contrast, the Index of Industrial Production tracks manufacturing activity volume, while the Purchasing Managers Index measures business sentiment among corporate managers. Central banking surveys are frequently featured in economy segments.
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