The base year serves as a reference point for measuring the price changes in the Wholesale Price Index (WPI). In order to ensure the index remains relevant and accurately reflects current economic conditions, the base year of All-India WPI was revised from 2004-05 to __________ in 2017, aligning it with more recent economic data and trends.
1
2010-11
2
2011-12
3
2012-13
4
2013-14
5
2014-15