Which reference to the Wholesale Price Index (WPI), consider the following statements: 1. The new WPI series with base 1993-94 = 100 became effective from April 1998 2. In the new WPI series, became effective from 1 April 2000. Statements 2 and 3 are correct 3. The weight for electricity has increased in the new WPI series Which of these statements are correct?

1. The question asks about the Wholesale Price Index (WPI) series around the late 1990s and early 2000s. 2. Statement 1 is incorrect. The revised WPI series with base 1993-94 = 100 was introduced and became effective from April 1, 2000, not April 1998. 3. Statement 2 is correct (partially redundant given the correction to Statement 1). The new WPI series with base 1993-94=100 indeed became effective from 1 April 2000. 4. Statement 3 is correct. Compared to the previous series (base 1981-82=100), the weight assigned to the 'Fuel, Power, Light & Lubricants' group, which includes electricity, increased in the new WPI series (base 1993-94). The weight for the 'Fuel Power...' group increased from 10.66% to 14.23%. 5. Therefore, statements 2 and 3 are correct.