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Question Practice

What is meant by the base year in index number calculations?

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

MCQ_SA
CBSE
Class 12
Geography
Practical Work in Geography - Part II
Data – Its Source and Compilation
Question Bank

What is meant by the base year...

Single Answer MCQ
Q-00088664

What is meant by the base year in index number calculations?

1

The year with the highest production

2

The year against which variables are compared

3

The current year being analyzed

4

Any random year chosen

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