Index NumbersMTP June 2023 Series IQuestion 3854 of 167
All Questions

Which index measures the change from month to month in the cost of a representative basket of goods and services of the type bought by a typical household?

Options

ARetail Price Index
BLaspeyres Index
CFisher's Index
DPaasche's Index
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Correct Answer

✅ Option a — Retail Price Index

All Options:

  • ARetail Price Index
  • BLaspeyres Index
  • CFisher's Index
  • DPaasche's Index

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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