Index Numbers

I am also called as Volume Index Number, Who am I?

• Price Index Number

• Quantity Index Number

• Value Index Number

• Special Purpose Index Numbers

Current Year is always considered as 100

• True

• False

Find odd man out

• Price Index Number

• Quantity Index Number

• Value Index Number

• Index Number

Index Numbers are

• Averages

• Basic Averages

• Specialized Averages

• None

Simple Index Number are called ________________ Index

Quantity Index is called as Volume Index.

• True

• False

Index Number can be related with ......

• Economics

• Price

• Finance

• Statistics

The unit that we applied for Index Number is ...

• RS

• KG

• KM

• No specific unit

Index number for base year is always considered as

• 1000

• 1

• 0

• 100

Price Index Numbers measures the changes in

• relative changes in prices of commodities between two periods

• Physical quantity of goods produced

• single variable

• none of the above