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Subject: Economics, asked on 25/1/22

State and explain the different types of Index Number.

Subject: Economics, asked on 25/1/22

1. Index number is a type of ____________.
a. Dispersion
b. Correlation
c. Average
d. None of the above

2. Which of the following statements is/are correct about average prices if the price index is 110?
a. The prices have increased by 10 per cent
b. The prices have increased by 110 per cent
c. The prices have decreased by 10 per cent
d. None of the above

3. The weights used in a quantity index are ________.
a. Quantity
b. Values
c. Price
d. None of the above

4. Which of the following methods is used to calculate the Consumer Price Index?
a. Laspeyres’s formula
b. Fisher’s formula
c. Palgrave’s formula
d. None of the above

5. Fisher’s method of calculating the index number is based on the _______.
a. Geometric mean
b. Arithmetic mean
c. Harmonic mean
d. None of the above

Subject: Economics, asked on 25/1/22

1. Which of the following are the major characteristics of index numbers?
a. It is expressed in percentages
b. It measures the net or relative changes in variables
c. It measures changes over a period of time
d. All of the above

2. The index number for base year is always ___________.
a. 1000
b. 200
c. 100
d. None of the above

3. The time period for which an index number is determined is known as ________.
a. Base period
b. Normal period
c. Current period
d. None of the above

Subject: Economics, asked on 23/1/22

”Retail inflation in India in the month of November firms up to 4.91%” - Economics times. In relation to the above headline, how the rate of inflation would have been calculated? Mention formula for the same

Subject: Economics, asked on 5/3/21

pls give the formulae of weighted price relative index

Subject: Economics, asked on 4/3/21

Plz help in this one

Subject: Economics, asked on 26/2/21

Pls answer this Q....index numbers

Subject: Economics, asked on 17/2/21

Pls solve by both methods

Subject: Economics, asked on 16/2/21

please answer this urgently

Subject: Economics, asked on 31/1/21

Find the solution.

Subject: Economics, asked on 30/1/21

Experts please solve this question of economics

Subject: Economics, asked on 22/1/21

Explain how index numbers are useful in Economics?

Subject: Economics, asked on 10/1/21

Using Simple Aggregate Method and Price Relatives Method, find out index values for the
year 2017 from the following data:

Subject: Economics, asked on 10/1/21


Experts can you pls provide me the solution 

Subject: Economics, asked on 10/1/21

Experts can you pls Tell me the Solution of this Question ?It is by using step deviation method 

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