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:
Answer & explanation
Correct answer: option 3
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 |