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)
Each kind of index number is named after the characteristic whose change it measures.
(A) Price indexes
This matches (III) measure changes in some price characteristic.
(B) Quantity indexes
This matches (IV) measure changes in some quantity characteristic.
(C) Value indexes
This matches (I) measure changes in some criterion of value (value = price × quantity).
(D) Special purpose indexes
This matches (II) constructed from time to time to measure certain special characteristic.
Note: This topic was not in the CUET 2026 syllabus.