The formula should be independent of the unit in which or for which price and quantities are quoted in
Options
AUnit test
BTime Reversal Test
CFactor Reversal Test
DNone of these
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Index NumbersMTP May 19 Series IIQuestion 3833 of 167
All Questions Correct Answer
✅ Option c — Factor Reversal Test
All Options:
- AUnit test
- BTime Reversal Test
- CFactor Reversal Test
- DNone of these
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 SyllabusExam Strategy Tip
This topic carries 4-6 Marks weightage. Focus on understanding core concepts rather than memorizing.
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