Index no. for the base period is always taken as

Related MCQs

• Index number for base year is always considered as------
• Laspeyre's index = 110, Paasche's index = 108, then Fisher's Ideal index is equal to:
• Which index number is called as ideal index number.
• The value at the base time period serves as the standard point of comparison
• A period for which index number is determined is called as ------
• While computing a weighted index, the current period quantities are used in the:
• The ratio of price of single commodity in a given period to its price in another period is called the
• Index number is a special type of ----------
• Index number calculated by Fisher's formula is ideal because it satisfy:
• play a very important part in the construction of index nos