Please select a subject first
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If the salary of a person in the base year is Rs 4,000 per annum and the current year salary is Rs 6,000, by how much should his salary be raised to maintain the same standard of living if the CPI is 400?
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The consumer price index for June 2005 was 125. The food index was 120 and that of other items 135. What is the percentage of the total weight given to food?
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An enquiry into the budgets of the middle-class families in a certain city gave the following information:
|
Expenses on items |
Food 35% |
Fuel 10% |
Clothing 20% |
Rent 15% |
Misc. 20% |
|
Price (in Rs) in 2004 |
1500 |
250 |
750 |
300 |
400 |
|
Price (in Rs) in 1995 |
1400 |
200 |
500 |
200 |
250 |
What is the cost of living index of during the year 2004 as compared with 1995?
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Given the following data-
| Year | CPI of industrial workers (1982 = 100) | CPI of agricultural labourers (1986-87 = 100) | WPI (1993-94 = 100) |
| 1995-96 | 313 | 234 | 121.6 |
| 1996-97 | 342 | 256 | 127.2 |
| 1997-98 | 366 | 264 | 132.8 |
| 1998-99 | 414 | 293 | 140.7 |
| 1999-00 | 428 | 306 | 145.3 |
| 2000-01 | 444 | 306 | 155.7 |
| 2001-02 | 463 | 309 | 161.3 |
| 2002-03 | 482 | 319 | 166.8 |
| 2003-04 | 500 | 331 | 175.9 |
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Given the following data-
| Year | CPI of industrial workers (1982 = 100) | CPI of agricultural labourers (1986-87 = 100) | WPI (1993-94 = 100) |
| 1995-96 | 313 | 234 | 121.6 |
| 1996-97 | 342 | 256 | 127.2 |
| 1997-98 | 366 | 264 | 132.8 |
| 1998-99 | 414 | 293 | 140.7 |
| 1999-00 | 428 | 306 | 145.3 |
| 2000-01 | 444 | 306 | 155.7 |
| 2001-02 | 463 | 309 | 161.3 |
| 2002-03 | 482 | 319 | 166.8 |
| 2003-04 | 500 | 331 | 175.9 |
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Read the following table carefully and give your comments.
INDEX OF INDUSTRIAL PRODUCTION BASE 1993-94
| Industry | Weight in % | 1996-97 | 2003-2004 |
| General index | 100 | 130.8 | 189.0 |
| Mining and quarrying | 10.73 | 118.2 | 146.9 |
| Manufacturing | 79.58 | 133.6 | 196.6 |
| Electricity | 10.69 | 122.0 | 172.6 |
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Record the daily expenditure, quantities bought and prices paid per unit of the daily purchases of your family for two weeks. How has the price change affected your family?
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In most of the weighted index numbers, the weight pertains to ______.
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The impact of change in the price of a commodity with little weight in the index will be ______
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What is the difference between a price index and a quantity index?
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The monthly expenditure (Rs.) of a family on some important items and the Goods and Services Tax (GST) rates applicable to these items is as follows:
| Item | Monthly Expense (Rs) | GST Rate % |
| Cereals | 1500 | 0 |
| Eggs | 250 | 0 |
| Fish, Meat | 250 | 0 |
| Medicines | 50 | 5 |
| Biogas | 50 | 5 |
| Transport | 100 | 5 |
| Butter | 50 | 12 |
| Babool | 10 | 12 |
| Tomato Ketchup | 40 | 12 |
| Biscuits | 75 | 18 |
| Cakes, Pastries | 25 | 18 |
| Branded Garments | 100 | 18 |
| Vacuum Cleaner, Car | 1000 | 28 |
Calculate the average tax rate as far as this family is concerned.
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What are the desirable properties of the base period?
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Notice these expressions in the text. Infer their meaning from the context.
-
the thought was almost revolting
-
an expanse of pure white serenity
-
a turning-point
-
accepted her seclusion with resignation
-
a veritable bedlam of chirrupings
-
frivolous rebukes
-
the sagging skins of the dilapidated drum
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Mention the three phases of the author’s relationship with his grandmother before he left the country to study abroad.
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Mention three reasons why the author’s grandmother was disturbed when he started going to the city school.
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Mention three ways in which the author’s grandmother spent her days after he grew up.
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Mention the odd way in which the author’s grandmother behaved just before she died.
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Mention the way in which the sparrows expressed their sorrow when the author’s grandmother died.
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The author’s grandmother was a religious person. What are the different ways in which we come to know this?
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Describe the changing relationship between the author and his grandmother. Did their feelings for each other change?
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