The correct answer is 1, 2 and 4.Primary Articles, Fuels & Power, and Manufactured Products are the major components of the Wholesale Price Index in India.WPI has a sub-index called WPI Food Index, which is a combination of the Food Articles from the Primary Articles basket, and the food products from the Manufactured Products basket.The wholesale Price Index, or WPI, measures the changes in the prices of goods sold and traded in bulk by wholesale businesses to other businesses.WPI is unlike the Consumer Price Index (CPI), which tracks the prices of goods and services purchased by consumers.Major components of WPI are:Primary articles are a major component of WPI, further subdivided into Food Articles and Non-Food Articles.Food Articles include items such as Cereals, Paddy, Wheat, Pulses, Vegetables, Fruits, Milk, Eggs, Meat & Fish, etc.Non-Food Articles include Oil Seeds, Minerals, and Crude Petroleum.The next major basket in WPI is Fuel & Power, which tracks price movements in Petrol, Diesel, and LPG.The biggest basket is Manufactured Goods. It spans a variety of manufactured products such as Textiles, apparel, Paper, Chemicals, Plastic, Cement, Metals, and more.The manufactured Goods basket also includes manufactured food products such as Sugar, Tobacco Products, Vegetable and Animal Oils, and Fats. Download Solution PDFShare on Whatsapp