Index NumbersMTP June 24 Series IIIQuestion 3872 of 167

When the product of price index and the quantity index is equal to the corresponding value index then the test that holds is

AUnit Test

BTime Reversal Test

CFactor Reversal Test

DNone of these

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Correct Answer

✅ Option c — Factor Reversal Test

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.

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