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प्रश्न
Mention the classification of Index Number
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उत्तर
Index number can be classified as follows:
(i) Price Index Number: It measures the general changes in the retail or wholesale price level of a particular or group of commodities.
(ii) Quantity Index Number: These are indices of measure the changes in the quantity of goods manufactured in a factory.
(iii) Cost of living Index Number: These are intended to study the effect of change in the price level on the cost of living of different classes of people.
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संबंधित प्रश्न
______ : Base year prices :: P1 : Current year prices.
State with reason whether you agree or disagree with the following statement:
Index numbers measure changes in the price level only.
Find the odd word
Types of index numbers -
Explain factor reversal test
State the uses of cost of Living Index Number
Choose the correct alternative:
Another name of consumer’s price index number is:
Choose the correct alternative:
Cost of living at two different cities can be compared with the help of
Choose the correct alternative:
While computing a weighted index, the current period quantities are used in the:
Choose the correct pair :
| Group A | Group B | ||
| 1) | Price Index | a) | `(sump_1q_1)/(sump_0q_0) xx100` |
| 2) | Value Index |
b) |
`(sumq_1)/(sumq_0) xx 100` |
| 3) | Quantity Index | c) | `(sump_1q_1)/(sump_0q_1) xx100` |
| 4) | Paasche's Index | d) | `(sump_1)/(sump_0) xx 100` |
Find the odd word out:
Features of Index Number:
