Whole sale price index is not controlled by RBI- TrueFalse?

True. The Wholesale Price Index (WPI) is primarily managed by the Ministry of Commerce and Industry in India, not the Reserve Bank of India (RBI). The WPI measures the average change in prices of goods sold in bulk at the wholesale level, while the RBI focuses on monetary policy and inflation targeting, often using the Consumer Price Index (CPI) as a key indicator.