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Model Paper 4 — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsModel Paper 41 Mark
MCQ
Paasche index is based on
  • A
    Average of current and base year
  • ✓
    Current year quantities.
  • C
    Base year quantities
  • D
    Base year Prices
✓

Answer

Correct option: B.
Current year quantities.
(b) Current year quantities.
Explanation: A weighted aggregative price index using current period quantities as weights is known as Paasche’s price index.

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