Fisher's index number is called as ideal index number because it is satisfies.
Options
AFactor reversal test
BTime reversal test
CBoth factor and time reversal test
DCircular test
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Index NumbersMTP Dec 22 Series IIQuestion 3853 of 167
All Questions Correct Answer
✅ Option a — Factor reversal test
All Options:
- AFactor reversal test
- BTime reversal test
- CBoth factor and time reversal test
- DCircular test
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.
Key Concepts to Understand
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