Index Numbers

197 Practice MCQs available for CA Foundation

Paper

Paper 3: Quantitative Aptitude

Exam Weightage

4-6 Marks

Key Topics

Construction of Index Numbers, Time Series

This chapter covers Construction of Index Numbers, Time Series and is part of Paper 3: Quantitative Aptitude in the CA Foundation exam.

Exam Strategy Tip

This topic carries 4-6 Marks weightage. Focus on understanding core concepts rather than memorizing.

Key Terms

Index Number

A statistical device for measuring changes in the magnitude of a group of related variables (like prices or production) over time.

Comparison Tables

Cardinal vs Ordinal Utility: Measuring Satisfaction

All 197 Questions

3810
In price index, when a new commodity is required to be added, which of the following index is used?
MCQ
3862
Fisher's ideal formula for calculating index number satisfies the ________
MCQ
3863
Shifted Price Index = Original Price IndexPrice Index of the year on which it has to be shifted×100\displaystyle \frac{\text{Original Price Index}}{\text{Price Index of the year on which it has to be shifted}} \times 100
MCQ
3875
If Laspeyres's Index Number is 250 and Paasche's Index Number is 160, then Fisher's Index number is
MCQ
3876
If ∑P0q0=240\displaystyle \sum P_0q_0 = 240, ∑P1q0=480\displaystyle \sum P_1q_0 = 480, ∑P0q1=600\displaystyle \sum P_0q_1 = 600 and ∑P1q1=192\displaystyle \sum P_1q_1 = 192, then Laspeyres's Index Number is
MCQ
4095
If ΣPnqn=249\displaystyle \Sigma P_n q_n = 249, ΣP0q0=150\displaystyle \Sigma P_0 q_0 = 150, ΣPnq0=145\displaystyle \Sigma P_n q_0 = 145 and Paasche's Index Number = 150, then Fisher's Ideal Price Index Number is
MCQ
4096
From the following data, find out an Index number for 2022 taking 2021 as base (using simple aggregative method): A (80, 120), B (220, 200), C (300, 400).
MCQ
4097
From the following chain base index numbers based on 2015, find out new chain base index number for the year 2022 by shifting the base year 2019. Index No Base 2015: 2015(100), 2016(105), 2017(95), 2018(85), 2019(120), 2020(110), 2021(130), 2022(150)
MCQ
4098
The prices of a commodity in the years 2015 and 2020 were 50 and 60 respectively. Price relative of 2015 on 2020 is
MCQ
4099
Chain Index is equal to
MCQ
4195
Two indices that is current on base and base on current should be reciprocals of each other in
MCQ
4196
If Σp0q0=160.7\displaystyle \Sigma p_0q_0 = 160.7 and Σp1q0=178.6\displaystyle \Sigma p_1q_0 = 178.6, then the cost of living index is
MCQ
4197
Which sampling technique can be used for the construction of Index numbers?
MCQ
4198
From the year 2015 to 2025, Consumer price index increased from 125 to 196. During this period, salary of the employees as per 7th\displaystyle 7^{th} pay commission recommendations was revised from ₹ 25,000 to ₹ 37,250. In real terms, an employee should get following amount as an additional amount to maintain his previous standard of living:
MCQ
4199
If the consumer price index number is 750, then the purchasing power of one rupee is _______.
MCQ
4245
The test of shift ability of the base is called?
MCQ
4246
The property of an index number that allows shifting of the base year without referring each time to the original base is tested by which of the following?
MCQ
4247
Which of the following index does not satisfy the time reversal test?
MCQ
4297
Fisher's Ideal Price Index is defined as the _________ of the Laspeyres' and the Paasche's Index.
MCQ
4299
Which index number method uses current year quantities as weights?
MCQ
4395
If ΣPnqn=249\displaystyle \Sigma P_n q_n = 249, ΣP0q0=150\displaystyle \Sigma P_0 q_0 = 150, ΣPnq0=145\displaystyle \Sigma P_n q_0 = 145 and Paasche's Index Number = 150, then Fisher's Ideal Price Index Number is
MCQ
4396
From the following data, find out an Index number for 2022 taking 2021 as base (using simple aggregative method): A (80, 120), B (220, 200), C (300, 400).
MCQ
4397
From the following chain base index numbers based on 2015, find out new chain base index number for the year 2022 by shifting the base year 2019. Index No Base 2015: 2015(100), 2016(105), 2017(95), 2018(85), 2019(120), 2020(110), 2021(130), 2022(150)
MCQ
4398
The prices of a commodity in the years 2015 and 2020 were 50 and 60 respectively. Price relative of 2015 on 2020 is
MCQ
4399
Chain Index is equal to
MCQ
4495
Two indices that is current on base and base on current should be reciprocals of each other in
MCQ
4496
If Σp0q0=160.7\displaystyle \Sigma p_0q_0 = 160.7 and Σp1q0=178.6\displaystyle \Sigma p_1q_0 = 178.6, then the cost of living index is
MCQ
4497
Which sampling technique can be used for the construction of Index numbers?
MCQ
4498
From the year 2015 to 2025, Consumer price index increased from 125 to 196. During this period, salary of the employees as per 7th\displaystyle 7^{th} pay commission recommendations was revised from ₹ 25,000 to ₹ 37,250. In real terms, an employee should get following amount as an additional amount to maintain his previous standard of living:
MCQ
4499
If the consumer price index number is 750, then the purchasing power of one rupee is _______.
MCQ
4545
The test of shift ability of the base is called?
MCQ
4546
The property of an index number that allows shifting of the base year without referring each time to the original base is tested by which of the following?
MCQ
4547
Which of the following index does not satisfy the time reversal test?
MCQ
4597
Fisher's Ideal Price Index is defined as the _________ of the Laspeyres' and the Paasche's Index.
MCQ
4599
Which index number method uses current year quantities as weights?
MCQ
3836
Unit test is not satisfied by
MCQ
3837
The best average for construction of Index Number is
MCQ
3838
Fisher's index number satisfies the --- tests
MCQ
3839
Fisher's ideal index number is
MCQ
3840
Factor reversal test is satisfied by
MCQ
3798
If P0n\displaystyle P_{0n} and Pn0\displaystyle P_{n0} are index for 1\displaystyle 1 on 0\displaystyle 0 and 0\displaystyle 0 on 1\displaystyle 1 respec. then formula P01×P10=1\displaystyle P_{01} \times P_{10} = 1 is used for
MCQ
3799
The weighted averaged of price relatives of commodities, when the weights are equal to the value of commodities in the current year, yields _________ index number.
MCQ
3800
Index numbers are not helpful in
MCQ
3801
The three index numbers, namely, Laspeyre, Paasche and Fisher do not satisfy ____ test.
MCQ
3802
Geometric mean method used in which index number to find it out
MCQ
3803
Which test is known for shift base index no.
MCQ
3804
Laspeyre and Paasche do not satisfy ____.
MCQ
3796
Fisher's index number does not satisfy
MCQ
3805
Laspeyre's index number is based on?
MCQ
3806
Price relative is-
MCQ
3807
Which one of the following is not appropriate for calculation of index number?
MCQ
3808
Which of the following index measures the change from month to month in the cost of a representative basket of goods and services of the type which are bought by a typical household?
MCQ
3773
Time reversal and factor reversal are:
MCQ
3774
A series of numerical figures which show the relative position is called
MCQ
3775
The number of test of Adequacy is:
MCQ
3776
P01\displaystyle P_{01} is the index for time
MCQ
3777
The circular test is an extension of
MCQ
3778
Price - relative is expressed in term of
MCQ
3779
Circular test is satisfied by
MCQ
3780
The multiplicative time series model is (from Time Series Topic - deleted from syllabus)
MCQ
3809
Fisher's index number is called as ideal index number because it is satisfying
MCQ
3781
Which of the following statement is true?
MCQ
3782
The simple average method is used to calculate (Time Series Topic - deleted from syllabus)
MCQ
3783
The sale of Cold Drink would go up in summers and go down in the winters is an example of
MCQ
3784
Which is called an ideal index numbers
MCQ
3785
In semi averages method, if the number of values is odd then we drop (Time Series Topic - deleted from syllabus)
MCQ
3786
Which is not satisfied by Fisher's ideal index number?
MCQ
3787
Trend in semi average is:(Time Series Topic - deleted from syllabus)
MCQ
3788
The most commonly used mathematical method for finding secular trend is (Time Series Topic - deleted from syllabus)
MCQ
3789
When sale of cold drink increases in summer and decreases in winters is an example of?
MCQ
3790
Seasonal variations take place within:(Time Series Topic - deleted from syllabus)
MCQ
3791
Fisher's index number does not satisfy:
MCQ
3792
In semi-average method if the no. of values is odd, we exclude:(Time Series Topic - deleted from syllabus)
MCQ
3793
Fisher's ideal index number does not satisfy
MCQ
3794
Index numbers are expressed as
MCQ
3795
The cost of living index is always
MCQ
3797
When the prices for quantities consumed of all commodities are changing in the same ratio, then the index numbers due to Laspeyre's and Paasche's will be.
MCQ
3811
Which of the below index is computed by taking the average of base year and current year?
MCQ
3812
Weighted geometric mean of relative formula satisfies ____ test while Factor Reversal test is satisfied by ____.
MCQ
3813
An index number constructed to measure the relative change in the price of an item or a group of item is called:
MCQ
3814
Fisher's index does not satisfy following test
MCQ
3815
The average of base year and current years is used in ____ index number
MCQ
3816
What index number formula satisfies both the time reversal and factor reversal tests?
MCQ
3817
What of the following is not a test of adequacy in the context of index numbers?
MCQ
3818
Which index number formula does not satisfy the time reversal test?
MCQ
3819
Time reversal test is satisfied by:
MCQ
3820
The value index is equal to:
MCQ
3821
Which one of the following test of adequacy is concerned with the measurement of price changes over a period of years, when it is desirable to shift the base?
MCQ
3822
The ____ is satisfied when P01×P10=1\displaystyle P_{01} \times P_{10} = 1
MCQ
3850
Laspeyres index number is a weighted aggregate method by taking ________ as weights.
MCQ
3823
The number of tests of Adequacy
MCQ
3824
Fishers' Ideal Index number is
MCQ
3825
Fishers Ideal Formula satisfies (1) Unit Test (2) Circular Test (3) Factor Reversal Test (4) Time Reversal Test
MCQ
3826
While construction of Index numbers which of the following has to be considered as point of reference in company various data describing individual behaviour.
MCQ
3827
Which of the options does not contain the proper use of Index numbers.
MCQ
3828
Weighted G.M. of relative formula satisfy --- test
MCQ
3829
Laspeyre's method and Paasche's method do not satisfy
MCQ
3830
Fisher's index number is based on
MCQ
3831
Purchasing Power of Money is
MCQ
3832
Chain index is equal to
MCQ
3833
The formula should be independent of the unit in which or for which price and quantities are quoted in
MCQ
3834
The formula for conversion to current value
MCQ
3835
Circular test is the extension of
MCQ
3841
The number of test inadequacy is
MCQ
3842
Fishers Price Index number is said is
MCQ
3843
Which is called an ideal index number
MCQ
3844
____________ satisfies circular test
MCQ
3845
Laspeyres formula does not satisfy
MCQ
3846
The weighted average of price relatives of commodities when the weight is equal to the value of commodities in base year yields ________ index number
MCQ
3847
The number of tests of Adequacy is
MCQ
3848
Fisher's ideal formula for calculating Index number satisfies the
MCQ
3849
The Circular Test is known as:
MCQ
3851
The number of test adequacy is
MCQ
3852
Laspeyres method and Paasches method do not satisfy
MCQ
3853
Fisher's index number is called as ideal index number because it is satisfies.
MCQ
3854
Which index measures the change from month to month in the cost of a representative basket of goods and services of the type bought by a typical household?
MCQ
3855
Which test should be considered necessarily to verify the consistency while we select an appropriate index formula
MCQ
3856
Circular test is satisfied by which of the following index?
MCQ
3857
The purchasing power of money is ________
MCQ
3858
Fisher's method of calculating the index number is based on the ________
MCQ
3859
Fisher index number is ________ of Laspeyres and Paasches Index Number
MCQ
3860
Circular test is satisfied by which of the below?
MCQ
3861
The cost of index number is always
MCQ
3864
The number of test of Adequacy in Index numbers:
MCQ
3865
Circular Test is satisfied by:
MCQ
3866
Consumer price index is commonly known as
MCQ
3867
________ is an extension of time reversal test.
MCQ
3868
Fisher's method for construction of Index Numbers uses________.
MCQ
3869
The ________ is satisfied when P01×P10=1\displaystyle P_{01} \times P_{10} = 1.
MCQ
3870
The tests of shifting bases are called ________.
MCQ
3871
Purchasing power of money is stated as ________ price index?
MCQ
3872
When the product of price index and the quantity index is equal to the corresponding value index then the test that holds is
MCQ
3873
If ∑P0q0=1360\displaystyle \sum P_0q_0 = 1360, ∑P1q0=1900\displaystyle \sum P_1q_0 = 1900 ∑P0q1=1344\displaystyle \sum P_0q_1 = 1344 ∑P1q1=1880\displaystyle \sum P_1q_1 = 1880 then Laspeyres's Index number is
MCQ
3874
If the 1970 index with base 1965 is 200 and 1965 index with base 1960 is 150, what will be the index of 1970 on base 1960?
MCQ
3877
The prices and quantities of 3 commodities in base and current years are as follows: | | P0\displaystyle P_0 | q0\displaystyle q_0 | P1\displaystyle P_1 | q1\displaystyle q_1 | |---|---|---|---|---| | T2 | 12 | 14 | 20 | 20 | | T0 | 8 | 10 | 20 | 30 | | T8 | 10 | 30 | 10 | 10 | The Laspeyre price index is
MCQ
3878
The cost of living index numbers in years 2015 and 2018 were 97.5 and 115 respectively. The salary of a worker in 2015 was 19500\displaystyle 19500. How much additional salary was required for him in 2018 to maintain the same standard of living as in 2015?
MCQ
3879
The index number of prices at place in the year 2008 is 225 with 2004 as the base then there is:
MCQ
3880
In Laspeyre's index number is 110 and Fisher's ideal index number is 109. Then Paasche's index number is
MCQ
3881
The weighted aggregate price index turnover for 2001 with 2000 as the base year using Fisher's Index Number is: | Commodity | Price (In $) | Quantity | |---|---|---| | | 2000 | 2001 | 2000 | 2001 | | A | 10 | 12 | 20 | 22 | | B | 8 | 8 | 16 | 18 | | C | 5 | 6 | 10 | 11 | | D | 4 | 7 | 8 | 7 |
MCQ
3882
The weighted aggregate price index turnover for 2001 with 2000 as the base year using Paasche's Index Number is: | Commodity | Price (In $) | Quantities | |---|---|---| | | 2000 | 2001 | 2000 | 2001 | | A | 10 | 12 | 20 | 22 | | B | 8 | 8 | 16 | 18 | | C | 5 | 6 | 10 | 11 | | D | 4 | 7 | 8 | 7 |
MCQ
3883
If in an additive model, O refers to original data as 875, T refers to trend 700, S refers to seasonal variations 200, C refers to cyclical variations 75 then the value of I which refers to irregular variation is:
MCQ
3900
In year 2005\displaystyle 2005, the whole sale price index number is 386\displaystyle 386 with 1985\displaystyle 1985 as base year. By how much the prices have increased in 2005\displaystyle 2005 in comparison to 1995\displaystyle 1995?
MCQ
3884
The weighted aggregative price index turnover for 2001 with 2000 as the base year using Marshall Edgeworth Index Number is: | Commodity | Price In ($) | Quantities | |---|---|---| | | 2000 | 2001 | 2000 | 2001 | | A | 10 | 12 | 20 | 22 | | B | 8 | 8 | 16 | 18 | | C | 5 | 6 | 10 | 11 | | D | 4 | 7 | 8 | 7 |
MCQ
3885
The consumer price index goes up from 120 to 180 when salary goes up from 240 to 540, what is the increase in real terms?
MCQ
3886
From the following data base year: | Commodity | Base Year | Current Year | |---|---|---| | | Price | Qty | Price | Qty | | A | 4 | 3 | 6 | 2 | | B | 5 | 4 | 6 | 4 | | C | 7 | 2 | 8 | 5 | | D | 2 | 3 | 1 | 5 | Fisher's Ideal Index is
MCQ
3887
Consider the data: Year Base year Current year Commodities Price Quantity Price Quantity A 10 5 20 2 B 15 4 25 8 C 20 2 30 4 D 25 3 40 4. Laspeyre's index is
MCQ
3888
The index number of prices for a country at a given data is 250\displaystyle 250. In comparison to the base period price, the price of all commodities in the country has increased by ______ times.
MCQ
3889
If Fisher's index number is 160\displaystyle 160 and Paasche's index number is 140\displaystyle 140, then Laspeyre's index number is
MCQ
3890
The gross monthly pay of an employee was 15,000\displaystyle 15,000 in a year 2020\displaystyle 2020. The consumer price index number in 2023\displaystyle 2023 is 155\displaystyle 155 with 2020\displaystyle 2020 as base year. If employee is to rightly compensate what dearness allowance is required to be paid?
MCQ
3891
If the Laspeyre's index is 110\displaystyle 110 and Paasche's index is 108\displaystyle 108, then what is the value of Fisher's index?
MCQ
3892
From the year 2013\displaystyle 2013 to 2023\displaystyle 2023, Consumer price index number is increased from 135\displaystyle 135 to 180\displaystyle 180. During this period, salary of the employees as per pay commission recommendation goes up from 25,000\displaystyle 25,000 to 30,000\displaystyle 30,000. In real terms, an employee should get following additional amount (upto nearest whole number) to maintain his previous standard of living
MCQ
3893
If the prices of all commodities in the base year are twice the values of the respective commodities in the current year, then the Fisher's ideal index number is equal to:
MCQ
3894
The consumer price index for the year 2023\displaystyle 2023 is 273\displaystyle 273 with 2010\displaystyle 2010 as base year. The average monthly wages of industrial worker in year 2023\displaystyle 2023 is 8,190\displaystyle 8,190. What is the real wage?
MCQ
3895
During a certain period the cost of living index goes up from 110\displaystyle 110 to 200\displaystyle 200 and the salary of a worker is also raised from 330\displaystyle 330 to 500\displaystyle 500. Then in the real terms, the raise in salary is effectively-
MCQ
3896
The index number of prices at a place in 2008\displaystyle 2008 is 355\displaystyle 355 with 2003\displaystyle 2003 as base. This means
MCQ
3897
The Paasches and Fishers index numbers are 169\displaystyle 169 and 156\displaystyle 156 respectively, then Laspeyre's Index number is
MCQ
3898
The whole sale price index number or agricultural commodities in a given region at a given date is 280\displaystyle 280. The percentage increase in prices of agricultural commodities over the base year is:
MCQ
3899
During the certain period the C.L.I. goes up from 110\displaystyle 110 to 200\displaystyle 200 and the Salary of a worker is also raised from 330\displaystyle 330 to 500\displaystyle 500, then the change in real terms is
MCQ
3901
The prices of commodity in the year 2015\displaystyle 2015 and 2020\displaystyle 2020 were 25\displaystyle 25 and 30\displaystyle 30 respectively taking 2020\displaystyle 2020 as base year the price relative is
MCQ
3902
For year 2015\displaystyle 2015, price index was 267%\displaystyle 267\% with base year 2005\displaystyle 2005. The percentage increase in price index over base year 2005\displaystyle 2005 is:
MCQ
3903
If an increase of 10%\displaystyle 10\% in prices. The rise in wages is 20%\displaystyle 20\% then the real wage has increased by
MCQ
3904
The cost of living index numbers in years 2015\displaystyle 2015 and 2021\displaystyle 2021 were 97.5\displaystyle 97.5 and 115\displaystyle 115 respectively. The salary of a worker in 2015\displaystyle 2015 was 19,500\displaystyle 19,500. How much additional salary is required for him in 2021\displaystyle 2021 to maintain living standard of 2015\displaystyle 2015?
MCQ
3905
If Laspeyre's index number is 250\displaystyle 250 and Paasche's index number is 160\displaystyle 160, then Fishers Index is
MCQ
3906
If the price of a commodity in a place have decreased by 30%\displaystyle 30\% over the based period places, then the index number of that place is
MCQ
3907
From the following data for the 5\displaystyle 5 groups combined: Group Weights Index no Food 35 425 cloth 15 235 Power & Fuel 20 215 Rent & Rates 8 115 Miscellaneous 22 150. The general Index number is
MCQ
3908
If ∑P0Q0=1360\displaystyle \sum P_0 Q_0 = 1360, ∑P1Q0=1900\displaystyle \sum P_1 Q_0 = 1900, ∑P0Q1=1880\displaystyle \sum P_0 Q_1 = 1880 then the Laspeyre's Index is
MCQ
3909
The consumer price index for April 1985\displaystyle 1985 was 125\displaystyle 125. The food price index was 120\displaystyle 120 and other items index was 135\displaystyle 135. The percentage of food out of the total weight of the index is
MCQ
3939
The prices of a commodity in the year 1975 and 1980 were 25 and 30 respectively taking 1980 as base year the price relative is :
MCQ
3910
Net monthly salary of an employee was 3,000\displaystyle 3,000 in 1980\displaystyle 1980. The consumer price index number in 1985\displaystyle 1985 is 250\displaystyle 250 with 1980\displaystyle 1980 as base year. If the has to be rightly compensated then, 7th\displaystyle 7^{th} dearness allowances to be paid to the employee is
MCQ
3911
The index number for the year 2012\displaystyle 2012 taking 2011\displaystyle 2011 as the base year from the data given below by using simple average of price relative method isCommodity | A | B | C | D | EPrice in 2011 | 115 | 108 | 95 | 95 | 90Price in 2012 | 125 | 117 | 108 | 95 | 95
MCQ
3912
Suppose a business executive was earning 2,050\displaystyle 2,050 in the base period. What should his salary in the current period for his standard of living to remain the same? Given ∑W=25\displaystyle \sum W = 25 and ∑IW=3544\displaystyle \sum IW = 3544.
MCQ
3913
Find the Paasche's index number for prices from the followingCommodity | Base Year | Current Year| P | Q | P | QA | 1 | 6 | 3 | 5B | 3 | 5 | 8 | 5C | 4 | 8 | 10 | 6
MCQ
3914
The simple index number for the current year using simple aggregate method for the following dataCommodity | Base year Price (P0) | Current Year Price (P1)Wheat | 80 | 100Rice | 100 | 150Gram | 120 | 250Pulses | 200 | 300
MCQ
3915
The cost-of-living index number in year 2015\displaystyle 2015 and 2018\displaystyle 2018 were 97.5\displaystyle 97.5 and 115\displaystyle 115 respectively. The salary of CA Jitendra in 2015\displaystyle 2015 was 195000\displaystyle 195000. How much additional salary was required for him in 2018\displaystyle 2018 to maintain the same standard of living as in 2015\displaystyle 2015?
MCQ
3916
Consumer Price Index Number goes up from 100\displaystyle 100 to 200\displaystyle 200 and salary of a worker is also raised from 300\displaystyle 300 to 500\displaystyle 500, then Real Wage is
MCQ
3917
In the data group, Bowley's and Laspeyre's index number is as follows. Bowley's index number is 150\displaystyle 150, Laspeyre's index number is 180\displaystyle 180 then Paasche's index number is
MCQ
3918
The prices and quantities of 3\displaystyle 3 commodities in base and current years are as follows:P0\displaystyle P_0 | P1\displaystyle P_1 | Q0\displaystyle Q_0 | Q1\displaystyle Q_112 | 14 | 10 | 2010 | 8 | 20 | 308 | 10 | 30 | 10The Laspeyre's Price Index Number is:
MCQ
3919
The cost of living index number in year 2015\displaystyle 2015 and 2018\displaystyle 2018 were 97.5\displaystyle 97.5 and 115\displaystyle 115 respectively. The salary of a worker in 2015\displaystyle 2015 was 195000\displaystyle 195000. How much additional salary was required for him in 2018\displaystyle 2018 to maintain the same standard of living as in 2015\displaystyle 2015?
MCQ
3920
From the following data constructed the index number by Laspeyre's method∑P1Q0=100\displaystyle \sum P_1 Q_0 = 100, ∑P0Q0=86\displaystyle \sum P_0 Q_0 = 86,∑P1Q1=83\displaystyle \sum P_1 Q_1 = 83, ∑P0Q1=106\displaystyle \sum P_0 Q_1 = 106
MCQ
3921
If Fisher's index is 150\displaystyle 150 and Paasche's Index is 144\displaystyle 144, then Laspeyre's index is
MCQ
3922
If Laspeyres index is A and Fisher's index is B. Find the value of Paasche's index?
MCQ
3923
∑P1Q0=1360\displaystyle \sum P_1 Q_0 = 1360, ∑P0Q0=1900\displaystyle \sum P_0 Q_0 = 1900∑P1Q1=1344\displaystyle \sum P_1 Q_1 = 1344, ∑P0Q1=1880\displaystyle \sum P_0 Q_1 = 1880 then the Laspeyres Index number is
MCQ
3924
If Laspeyres Index number is 250\displaystyle 250 and Paasches Index number is 160\displaystyle 160, then Fishers Index number
MCQ
3925
If ∑P1Q1=249\displaystyle \sum P_1 Q_1 = 249, ∑P0Q0=150\displaystyle \sum P_0 Q_0 = 150 Paasche's Index Number =150\displaystyle = 150 and Dorbish and Bowley's Index Number =145\displaystyle = 145, then the Fisher's Ideal Index Number is
MCQ
3926
If the 2018\displaystyle 2018 index with base 2015\displaystyle 2015 is 250\displaystyle 250 and 2015\displaystyle 2015 index with base 2012\displaystyle 2012 is 150\displaystyle 150, the index 2018\displaystyle 2018 on base 2012\displaystyle 2012 will be?
MCQ
3927
In 2017\displaystyle 2017 the average price of a commodity was 20%\displaystyle 20\% more than in 2016\displaystyle 2016 but 20%\displaystyle 20\% less than in 2015\displaystyle 2015; and more over it was 50%\displaystyle 50\% more than in 2018\displaystyle 2018 to price relatives using 2016\displaystyle 2016 as base (2016\displaystyle 2016 price relative 100\displaystyle 100) deduce the data is:
MCQ
3928
From the following dataGroup | A | B | C | D | E | FGroup Index | 120 | 132 | 98 | 115 | 108 | 95Weight | 6 | 3 | 4 | 2 | 1 | 4The general Index (I) is given by:
MCQ
3929
Consumer price index number goes up from 110\displaystyle 110 to 200\displaystyle 200 and the salary of a worker is also raised from 7,000\displaystyle 7,000 to 12,000\displaystyle 12,000. Therefore, in real terms to maintain his previous standard of living he should get an additional amount of -
MCQ
3930
In the data group, Bowley's and Laspeyre's index number is as follows. Bowley's Index number =150\displaystyle = 150, Laspeyre's index number =180\displaystyle = 180 then Paasche's index number is:
MCQ
3931
Monthly salary of an employee was 10,000\displaystyle 10,000 in the year 2010\displaystyle 2010 and it was increased to 22,000\displaystyle 22,000 in the year 2023\displaystyle 2023 while the consumer price index number is 250\displaystyle 250 in year 2023\displaystyle 2023 with the base year 2010\displaystyle 2010, what should be his salary in comparison of consumer price index in the year 2023\displaystyle 2023 salary?
MCQ
3932
The consumer price index in 1980\displaystyle 1980 increases by 80\displaystyle 80 per cent as compared to the base 1980\displaystyle 1980. A person in 1980\displaystyle 1980 getting 60,000\displaystyle 60,000 per annum should now get
MCQ
3933
If ∑P0Q0=1360\displaystyle \sum P_0Q_0 = 1360, ∑PnQ0=1900\displaystyle \sum P_nQ_0 = 1900, ∑P0Qn=1344\displaystyle \sum P_0Q_n = 1344, ∑PnQn=1880\displaystyle \sum P_nQ_n = 1880, then the Laspeyres's Index number is
MCQ
3934
The index number of prices at a place in 2008 is 355 with 2003 as base. This means -
MCQ
3935
∑P0Q0=1360\displaystyle \sum P_0Q_0 = 1360, ∑PnQ0=2000\displaystyle \sum P_nQ_0 = 2000, then the Laspeyres Index number is:
MCQ
3936
If the index number of prices at a place in 2018 is 280 with 2008 as base year, then the prices have increased on average by
MCQ
3937
In 1980, the net monthly income of the employee was ₹ 800/−\displaystyle \text{₹ } 800/- p. m. The consumer price index number was 160 in 1980. It rises to 200 in 1984. If he has to be rightly compensated. The additional D. A. to be paid to the employee is
MCQ
3938
Consumer price index number goes up from 110 to 200 and the Salary of a worker is also raised from ₹ 325\displaystyle \text{₹ } 325 to ₹ 500\displaystyle \text{₹ } 500. Therefore, in real terms, to maintain his previous standard of living he should get an additional amount of:
MCQ

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