Index NumbersMTP Nov 18Question 3824 of 167

Fishers' Ideal Index number is

AThe median of Laspyre's and Paasche's Index numbers

BThe Arithmetic mean of Laspyres and Paasche's Index numbers

CThe geometric mean of Laspyres and Paasche's Index Numbers

DNone of these

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Correct Answer

✅ Option C — The geometric mean of Laspyres and Paasche's 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.

Exam Strategy Tip

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

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

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