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Choose the correct option : Statements that are correct in relation to Index Numbers :(a) Index numbers are a geographical tool.(b) Index numbers measure changes in the air pressure.(c) Index numbers measure relative changes in an economic variable.(…

Q.1 (A) (iii) Choose the correct option : Statements that are correct in relation to Index Numbers :

(a) Index numbers are a geographical tool.
(b) Index numbers measure changes in the air pressure.
(c) Index numbers measure relative changes in an economic variable.
(d) Index numbers are specialized average.

Options :

A. (1) c and d

B. (2) a and b

C. (3) b and c

D. (4) a and d

1 answer

Best answer

Answer: A. (1) c and d

Answer: (1) c and d

An index number is a statistical device that measures relative (percentage) changes in an economic variable or a group of variables, such as prices or production, over time or place. It is called a specialised average because it averages changes in items expressed in different units. It is a statistical/economic tool, not a geographical one, and it has nothing to do with air pressure.

Doubtly AI · 29 Oct 2026 AI-generated · not yet verified Report
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