Match List – I with List – II.
|
List - I |
List - II |
|
(A) Price indexes |
(I) measure changes in some criterion of value |
|
(B) Quantity indexes |
(II) constructed from time to time to measure certain special characteristic |
|
(C) Value indexes |
(III) measure changes in some price characteristic |
|
(D) Special purpose indexes |
(IV) measure changes in some quantity characteristic |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → (A)-(III), (B)-(IV), (C)-(I), (D)-(II)
$\text{Price indexes} \rightarrow \text{measure changes in price characteristic} \Rightarrow \text{III}$
$\text{Quantity indexes} \rightarrow \text{measure changes in quantity characteristic} \Rightarrow \text{IV}$
$\text{Value indexes} \rightarrow \text{measure changes in value} \Rightarrow \text{I}$
$\text{Special purpose indexes} \rightarrow \text{constructed for specific purpose} \Rightarrow \text{II}$
$\text{A-III,\ B-IV,\ C-I,\ D-II}$