Index NumbersPYQ Jan. 21Question 3795 of 167
All Questions

The cost of living index is always

Options

APrice index number
BQuantity index number
CWeighted index number
DValue index number
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Correct Answer

✅ Option c — Weighted index number

All Options:

  • APrice index number
  • BQuantity index number
  • CWeighted index number
  • DValue index number

About This Chapter: Index Numbers

Paper

Paper 3: Quantitative Aptitude

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.

View Official ICAI Syllabus

Exam Strategy Tip

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

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The number of test of Adequacy is:

$P_{01}$ is the index for time

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