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In India which one of these is a credible source of economic information?CMIE (Centre for Monitoring India Economy)WikipediaInvestopedia

Question

In India which one of these is a credible source of economic information?

  • CMIE (Centre for Monitoring India Economy)
  • Wikipedia
  • Investopedia
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Solution

The Centre for Monitoring Indian Economy (CMIE) is a credible source of economic information in India. This is because it is a professional institution that specializes in collecting, analyzing and disseminating data about the Indian economy. They use rigorous methodologies and their data is often cited by economists and researchers.

On the other hand, while Wikipedia and Investopedia can provide useful general information, they are not always reliable or accurate. Wikipedia is a user-edited website, which means that anyone can edit its content, potentially leading to misinformation. Investopedia, while a useful resource for understanding economic and financial concepts, is not a primary source of economic data.

Therefore, for reliable and accurate economic information about India, CMIE would be the best choice among the three.

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