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  1. Home
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Current Affairs·Easy

Which among the following agencies publishes the House Price Index (HPI) in India?

Which among the following agencies publishes the House Price Index (HPI) in India?

Options

  1. a.

    The National Statistical Office (NSO)

  2. b.

    The Reserve Bank of India (RBI)

    Correct answer
  3. c.

    The National Housing Bank (NHB)

  4. d.

    NITI Aayog

Explanation

The Reserve Bank of India (RBI) began compiling a House Price Index (HPI) in 2007, with a quarterly HPI for Mumbai city (Base 2002-03 = 100). Since then, it has extended its coverage to nine more cities, revised its base to 2010-11 = 100 and started publishing a composite All India HPI.

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