The RBI has decided to auction Inflation Indexed Bonds. The index of these Inflation Indexed Bonds is pegged to ___?

The RBI has decided to auction Inflation Indexed Bonds. The index of these Inflation Indexed Bonds is pegged to ___?
[A]WPI
[B]CPI
[C]Both WPI and CPI
[D]None of the above

WPI
RBI has decided to auction inflation worth 1000 Crores. These bonds are currently pegged to WPI, and RBI has made it clear that going further it intends to release inflation indexed bonds pegged to CPI.

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This question "The RBI has decided to auction Inflation Indexed Bonds. The index of these Inflation Indexed Bonds is pegged to ___?" was published on GKToday on December 8, 2014 at 10:56 am. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

Comments

  • Shailendra Kumar Goel
    Reply

    I purchased IINSS-C (CPI) on 26/12/2013 for Rs. 5 Lakh through UBI (Shastri Nagar branch) Meerut (UP). I regret that till now the bank officials are neither aware nor interested to tell me the present status of my investment, which is very disappointing and discouraging. Perhaps, there is no clear cut guideline or information to the banks from RBI in this regard. What is the use of issuing/auctioning such bonds when the investor remains in dark pl.
    SK Goel