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  • Question 1
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    A composite price index based on the prices of a group of items is known as the

  • Question 2
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    A weighted aggregate price index where the weight for each item is its base period quantity is known as the

  • Question 3
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    A monthly price index that uses the price changes in consumer goods and services for measuring the changes in consumer prices over time is known as the

  • Question 4
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    A monthly price index that measures the changes in the prices of goods sold in a primary market is known as the

  • Question 5
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    A composite price index where the prices of the items in the composite are weighted by their relative importance is known as the

  • Question 6
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    A weighted aggregate price index where the weight for each item is its current-period quantity is called the

  • Question 7
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    An index that is designed to measure changes in quantities over time is known as the

  • Question 8
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    If the wholesale price index for week 1is 200 and for week 2 is 250 then rate of inflation

  • Question 9
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    Calculate index numbers from the following data by simple aggregate method taking prices of 2000 as base.

    Commodity B C D
    Price per unit (in Rupees) 2000 80 50 90 30
      2001 95 60 100 45

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