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Question Practice

What happens to the index number when the base year is changed?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Economics
Statistics for Economics
Index Numbers
Question Bank

What happens to the index numb...

Single Answer MCQ
Q-00063098

What happens to the index number when the base year is changed?

1

Always increases

2

Remains constant

3

Changes according to the new base

4

Becomes undefined

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Keep Practising

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Q1.

What does an index number measure?

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Which formula represents a simple aggregative price index?

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Q3.

What is meant by a weighted index number?

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Q4.

Which of the following is a limitation of simple index numbers?

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