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Index Numbers — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsIndex Numbers3 Marks
Question
How would you select a base year if a normal period is not available?
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Answer

Sometimes it is difficult to distinguish bit a year which can be taken as a normal year and hence the average of a few years may be regarded as the value corresponding to the base year.

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