Index NumbersMCQMTP May 19Question 3829 of 197
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Laspeyre's method and Paasche's method do not satisfy

Options

AUnit Test
BTime Reversal Test
CFactor Reversal Test
D(b) and (c)
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Correct Answer

Option d(b) and (c)

All Options:

  • AUnit Test
  • BTime Reversal Test
  • CFactor Reversal Test
  • D(b) and (c)

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Detailed Solution & Explanation

Laspeyres' and Paasche's methods do satisfy the Unit Test, but they **do not satisfy both the Time Reversal Test (b) and the Factor Reversal Test (c)**. Therefore, they do not satisfy (b) and (c). Hence, **Option D** is the correct answer.

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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