The Circular Test is known as:
Options
A$P_{01} \times P_{10} = 1$
B$P_{01} \times P_{10} \ne 1$
C$P_{01} \times P_{12} \times P_{21} = 1$
D$P_{01} \times P_{12} \times P_{21} \ne 1$
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Index NumbersMTP Dec 22 - Series IQuestion 3849 of 167
All Questions Correct Answer
✅ Option a — $P_{01} \times P_{10} = 1$
All Options:
- A$P_{01} \times P_{10} = 1$
- B$P_{01} \times P_{10} \ne 1$
- C$P_{01} \times P_{12} \times P_{21} = 1$
- D$P_{01} \times P_{12} \times P_{21} \ne 1$
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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