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PART 1 : INDEX NUMBER — Statistics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceStatisticsPART 1 : INDEX NUMBER1 Mark
MCQ
In which method of index number does the base year change every year ?
  • A
    Total expenditure method
  • B
    Fixed base method
  • C
    Weighted average method
  • ✓
    Chain base method
✓

Answer

Correct option: D.
Chain base method

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