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Index Numbers — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsIndex Numbers1 Mark
MCQ
The Paasche’s index number is based on:
  • A
    Base year quantities.
  • ✓
    Current year quantities.
  • C
    Average of current and base years.
  • D
    None of the above.
✓

Answer

Correct option: B.
Current year quantities.
Current year quantities.

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