Consider the following statements about the World Food Price Index (FFPI): 1. The Index is released by the World Food Programme (WFP). 2. Fiscal year 2021-22 is taken as the base year for preparing the Index. Which of the statements given above is/are correct? |ForumIAS

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Q. Consider the following statements about the World Food Price Index (FFPI):
1.The Index is released by the World Food Programme (WFP).
2.Fiscal year 2021-22 is taken as the base year for preparing the Index.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: D

Notes:

Explanation: Both are incorrect

Statement 1 is incorrect: The World Food Price Index (FPI) is a food price index by the Food and Agriculture Organization (FAO) of the United Nations.

Statement 2 is incorrect: Base period: 2014-2016 is taken to prepare the Index.

Source: Reuters

Q. Consider the following statements about the World Food Price Index (FFPI): 1.The Index is released by the World Food Programme (WFP). 2.Fiscal year 2021-22 is taken as the base year for preparing the Index. Which of the statements given above is/are correct?

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Q. Consider the following statements about the World Food Price Index (FFPI):
1.The Index is released by the World Food Programme (WFP).
2.Fiscal year 2021-22 is taken as the base year for preparing the Index.
Which of the statements given above is/are correct?