Index NumbersMTP May 19Question 3830 of 167

Fisher's index number is based on

AThe Arithmetic mean of Laspeyre's and Paasche's index numbers.

BThe Median of Laspeyre's and Paasche's index numbers.

CThe Mode of Laspeyre's and Paasche's index numbers.

DThe GM of Laspeyre's and Paasche's index numbers.

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Correct Answer

✅ Option d — The GM of Laspeyre's 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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