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Model Paper 4 — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsModel Paper 41 Mark
MCQ
Index Number reveals the state of
  • A
    None
  • B
    Inflation
  • C
    Deflation
  • ✓
    Both
✓

Answer

Correct option: D.
Both
(d) Both
Explanation: In statistics, we assume that index no .of base year is a hundred. If the index number calculated from data is less than 100, it implies deflation and if it is greater than 100, it implies inflation.

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