Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

Consider the statements given below and select the correct statements :

(A) A list indexes is called a index series

(B) By time reversal test $p_{01}×p_{10}=0$

(C) If $∑p_1q_0=144, ∑p_1q_1=192, ∑p_0q_0=90$ and $∑p_0q_1=120$ then Fisher's ideal number is 120

(D) In Paashe's index number, current year quantities are taken as weights of commodities

(E) If $∑p_0=120$ and $∑p_1=150$ then $p_{01}=125$

Choose the correct answer from the options given below :

Options:

(B), (C) and (E) Only

(A) and (C) Only

(A), (D) and (E) Only

(B) and (D) Only

Correct Answer:

(A), (D) and (E) Only