1 |
The index numbers are generally classified into ------------- types |
two
Four
five
Three
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2 |
Price of commodity in current year can be represented as |
P<sub>oi</sub>
P<sub>on</sub>
P<sub>n</sub>
P<sub>i</sub>
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3 |
Index number of the year text to the base year can be shown as |
Q<sub>n</sub>
Q<sub>on</sub>
Q<sub>01</sub>
Q<sub>oi</sub>
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4 |
Value of commodity can be calculate by the formula |
P<sub>o</sub> x P<sub>n</sub>
Price x volume
<br>
Price x quantity
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5 |
While dealing with price we use ----------------- as weights |
Quantity
Quality
Volume
Both (b) and (c)
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6 |
Importance of commodity is its |
Quantity
Quality
Weight
Price
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7 |
Paasche's index is also called |
Consumer price index
Current year price
Simple index
Cost of consumption
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