Match List-I with List-II. List-I

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Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

Match List-I with List-II.

List-I		List-II
(A)	Weight is considered as quantity in base year	(I)	Quantity Index
(B)	Weight is considered as quantity in current year	(II)	Fisher's Index
(C)	An index number which satisfies the time reversal test	(III)	Laspeyre's Index number
(D)	An index constructed to measure changes in quantities	(IV)	Paasche's Index number

Choose the correct answer from the options given below:

Options:

(A)-(III), (B)-(I),(C)-(II), (D)-(IV)

(A)-(IV), (B)-(III),(C)-(II), (D)-(I)

(A)-(III), (B)-(IV),(C)-(II),(D)-(I)

(A)-(I), (B)-(II),(C)-(III),(D)-(IV)

Correct Answer:

(A)-(III), (B)-(IV),(C)-(II),(D)-(I)

Explanation:

The correct answer is Option (3) → (A)-(III), (B)-(IV),(C)-(II),(D)-(I)

List-I		List-II
(A)	Weight is considered as quantity in base year	(III)	Laspeyre's Index number
(B)	Weight is considered as quantity in current year	(IV)	Paasche's Index number
(C)	An index number which satisfies the time reversal test	(II)	Fisher's Index
(D)	An index constructed to measure changes in quantities	(I)	Quantity Index