Index NumbersPYQ Jan 25Question 4036 of 187
All Questions

If the prices of all the goods change in the same ratio, then

Options

ALaspeyre's index and Paasche's index numbers are equal.
BLaspeyre's index and Paasche's index numbers are not equal.
CLaspeyre's index is greater than Paasche's index number.
DLaspeyre's index is less than Paasche's index number.
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Correct Answer

Option aLaspeyre's index and Paasche's index numbers are equal.

All Options:

  • ALaspeyre's index and Paasche's index numbers are equal.
  • BLaspeyre's index and Paasche's index numbers are not equal.
  • CLaspeyre's index is greater than Paasche's index number.
  • DLaspeyre's index is less than Paasche's index number.

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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