Match List-I with List-II.
| List-I | List-II | ||
| (A) | Laspeyre's index number | (I) | $\frac{∑p_1q_0}{∑p_0q_0}×100$ |
| (B) | Paasche's index number | (II) | $\frac{∑p_1q_1}{∑p_0q_1}×100$ |
| (C) | Fisher's index number | (III) | $\frac{∑p_1}{∑p_0}×100$ |
| (D) | Single aggregative method for construction of index numbers | (IV) | $\sqrt{\frac{∑p_1q_0}{∑p_0q_0}×\frac{∑p_1q_1}{∑p_0q_0}}×100$ |
Choose the correct answer from the options given below :
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → (A)-(I),(B)-(II),(C)-(IV),(D)-(III)
| List-I | List-II | ||
| (A) | Laspeyre's index number | (I) | $\frac{∑p_1q_0}{∑p_0q_0}×100$ |
| (B) | Paasche's index number | (II) | $\frac{∑p_1q_1}{∑p_0q_1}×100$ |
| (C) | Fisher's index number | (IV) | $\sqrt{\frac{∑p_1q_0}{∑p_0q_0}×\frac{∑p_1q_1}{∑p_0q_0}}×100$ |
| (D) | Single aggregative method for construction of index numbers | (III) | $\frac{∑p_1}{∑p_0}×100$ |