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.	Quantity index	I.	Measures relative price change over a period of time.
B.	Time series	II.	Measures change in quantity of consumption of goods over a specific period of time.
C.	Price index	III.	Measures average value of goods for specific time period.
D.	Value index	IV.	Statistical observation taken at different points of time for specific period of time.

Choose the correct answer from the options given below :

Options:

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

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

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

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

Correct Answer:

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

Explanation:

The correct answer is Option (1) → A-III, B-I, C-II, D-IV

LIST I		LIST II
A.	Quantity index	III.	Measures average value of goods for specific time period.
B.	Time series	I.	Measures relative price change over a period of time.
C.	Price index	II.	Measures change in quantity of consumption of goods over a specific period of time.
D.	Value index	IV.	Statistical observation taken at different points of time for specific period of time.