Index NumbersMTP Nov 18Question 3827 of 167

Which of the options does not contain the proper use of Index numbers.

AHelpful in policy determination

BUseful in Forecasting

CEqually useful in all condition for different purpose

DHelpful in comparison

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Correct Answer

✅ Option a — Helpful in policy determination

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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