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Q:

The government has changed the base year of the Wage Rate Index (WRI). What is the new base year?

  • 1
    2018
  • 2
    2020
  • 3
    2014
  • 4
    2016
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Answer : 4. "2016"
Explanation :

The WRI New Series (base 2016=100) consists of 37 industries selected keeping in view their importance in terms of percentage share in total employment and also the growing industries on the basis of the data from the seventh Occupational Wage Survey.

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