Class/Course - CA - CPC

Subject - Quantitative Aptitude

Chapter - Index Numbers


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Q.1 Each of the following statements is either True or False with your Choice of the answer by writing F for False.
  Simple Aggregative and simple Geometric mean of price relatives formula satisfy circular Test.
  Base year prices are taken as weights in Laspeyre's quantity index numbers.
  Fisher's Ideal Index formula obeys time reversal and factor reversal tests.
  None of these.