Match List-I with List-II
| List-I | List-II | ||
| (Example) | (Components of Time Series) | ||
| (A) | Lockouts and strikes | (I) | Secular trend |
| (B) | Rise and fall of share market | (II) | Seasonal trend |
| (C) | Continuous decline in death rate | (III) | Irregular trend |
| (D) | The rise in prices before Diwali | (IV) | Cyclical trend |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → (A)-(III), (B)-(IV), (C)-(I), (D)-(II)
(A) Lockouts and strikes
This matches (III) Irregular trend. They are sudden, unforeseen events that do not follow any pattern, which is what irregular variations are.
(B) Rise and fall of share market
This matches (IV) Cyclical trend. Booms and slumps alternate over periods longer than a year, like a business cycle.
(C) Continuous decline in death rate
This matches (I) Secular trend. A steady movement in one direction over a long period is the secular trend.
(D) The rise in prices before Diwali
This matches (II) Seasonal trend. It happens every year at the same time of year, which is a seasonal variation.
So the matching is (A)-(III), (B)-(IV), (C)-(I), (D)-(II).