Index numbers

If   $p_0$  & $p_1$   represents the base and current year prices. Price relative is ...

•  $\frac{\text{}P_1}{P_0}$  

•  $\frac{\text{}P_1}{P_1}$  

•  $\frac{\text{}P_0}{P_1}$  

• None of the above
  

Which of the following index number is based on Geometric Mean

• Paasches Index Number

• Fishers Index Number

• Simple Index Number

• Bowleys Index Number

The index number which uses both Base and Current year quantities is

• Paasches Index Number

• Laspeyres Index Number

• Fisher Index Number

• None of the above

 $\ I_{2000,2020}=\ ?$  

if the price of sugar per kg in the year 2000- Rs 22, The price of sugar per kg in the year 2020- Rs 44. Price index

• 50

• 200

• 2

• 2000

Equation for Simple aggregative Index Number is....

• $\frac{\sum_{ }^{ }P_1}{\sum_{ }^{ }P_0}\times100$

• $\frac{\sum_{ }^{ }P_0}{\sum_{ }^{ }P_1}\times100$

• None of these
  

Example for a weighted Index Number

• $\frac{\sum_{ }^{ }P_1}{\sum_{ }^{ }P_0}\times100$

• $\frac{\sum_{ }^{ }P_0}{\sum_{ }^{ }P_1}\times100$

• None of these
  

•  $\frac{\sum_{ }^{ }P_1Q_0}{\sum_{ }^{ }P_0Q_0}\times100$  

Laspeyres Index Number is 112 and Paasches Index Number is 175. Fishers Index Number is

• 112

• 175

• 140

• 200

Identify this Stock Exchange Building

• BSE (Bombay Stock Exchange)

• NSE (National Stock Exchange)

 $\frac{\sum_{ }^{ }p_1q_0}{\sum_{ }^{ }p_0q_0}\times100$ 

Identify the index number with the above formula

• Paasches Index Number

• Laspeyres Index Number

• Fisher Index Number

• None of the above

Fishers Index Number satisfies Factor reversal test.

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