NCERT Class 11 Statistics Index Numbers

Read and download NCERT Class 11 Statistics Index Numbers in NCERT book for Class 11 Economics. You can download latest NCERT eBooks chapter wise in PDF format free from Studiestoday.com. This Economics textbook for Class 11 is designed by NCERT and is very useful for students. Please also refer to the NCERT solutions for Class 11 Economics to understand the answers of the exercise questions given at the end of this chapter

NCERT Book for Class 11 Economics Statistics for Economics Chapter 8 Index Numbers

Class 11 Economics students should refer to the following NCERT Book Statistics for Economics Chapter 8 Index Numbers in Class 11. This NCERT Book for Class 11 Economics will be very useful for exams and help you to score good marks

Statistics for Economics Chapter 8 Index Numbers NCERT Book Class 11

EXERCISES

1. An index number which accounts for the relative importance of the items is known as

(i) weighted index

(ii) simple aggregative index

(iii) simple average of relatives

2. In most of the weighted index numbers the weight pertains to

(i) base year

(ii) current year

(iii) both base and current year

3. The impact of change in the price of a commodity with little weight in the index will be

(i) small

(ii) large

(iii) uncertain

4. A consumer price index measures changes in

(i) retail prices

(ii) wholesale prices

(iii) producers prices

5. The item having the highest weight in consumer price index for industrial workers is

(i) Food

(ii) Housing

(iii) Clothing

6. In general, inflation is calculated by using

(i) wholesale price index

(ii) consumer price index

(iii) producers’ price index

7. Why do we need an index number?

8. What are the desirable properties of the base period?

9. Why is it essential to have different CPI for different categories of consumers?

10. What does a consumer price index for industrial workers measure?

11. What is the difference between a price index and a quantity index?

12. Is the change in any price reflected in a price index number?

13. Can the CPI number for urban non-manual employees represent the changes in the cost of living of the President of India?

14. Try to list the important items of consumption in your family.

15. If the salary of a person in the base year is Rs 4,000 per annum and the current year salary is Rs 6,000, by how much should his salary rise to maintain the same standard of living if the CPI is 400?

16. The consumer price index for June, 2005 was 125. The food index was 120 and that of other items 135. What is the percentage of the total weight given to food?

17. An enquiry into the budgets of the middle class families in a certain city gave the following information;


Please refer to attached file for NCERT Class 11 Statistics Index Numbers

Appendix A : Glossary Of Statistical Terms
NCERT Class 11 Statistics Glossary Of Statistical Terms
Appendix B : Table Of Two-Digit Random Numbers
NCERT Class 11 Statistics Table Of Two Digit Random Numbers
Indian Economic Development Chapter 01 Indian Economy on the Eve of Independence
NCERT Class 11 Economics Indian Economy On The Eve Of Independence
Indian Economic Development Chapter 03 Liberalisation, Privatisation and Globalisation: An Appraisal
NCERT Class 11 Economics LPG An Appraisal
Indian Economic Development Chapter 04 Poverty
NCERT Class 11 Economics Poverty
Indian Economic Development Chapter 05 Human Capital Formation In India
NCERT Class 11 Economics Human Capital Formation In India
Indian Economic Development Chapter 06 Rural Development
NCERT Class 11 Economics Rural Development
Indian Economic Development Chapter 07 Employment Growth Informalisation and Other Issues
NCERT Class 11 Economics Employment Growth And Other Issues
Indian Economic Development Chapter 08 Infrastructure
NCERT Class 11 Economics Infrastructure
Indian Economic Development Chapter 09 Environment and Sustainable Development
NCERT Class 11 Economics Environment And Sustainable Development
Indian Economic Development Chapter 10 Comparative Development Experiences Of India and Its Neighbours
NCERT Class 11 Economics Comparative Development Experiences Of India And Its Neighbours
Indian Economic Development Chapter 2 Indian Economy 1950-1990
NCERT Class 11 Economics Indian Economy
Statistics for Economics Chapter 01 Introduction
NCERT Class 11 Statistics Introduction
Statistics for Economics Chapter 02 Collection of Data
NCERT Class 11 Statistics Collection of Data
Statistics for Economics Chapter 03 Organisation of Data
NCERT Class 11 Statistics Organisation of Data
Statistics for Economics Chapter 04 Presentation of Data
NCERT Class 11 Statistics Presentation of Data
Statistics for Economics Chapter 05 Measures of Central Tendency
NCERT Class 11 Statistics Measures of Central Tendency
Statistics for Economics Chapter 06 Measures of Dispersion
NCERT Class 11 Statistics Measures of Dispersion
Statistics for Economics Chapter 07 Correlation
NCERT Class 11 Statistics Correlation
Statistics for Economics Chapter 08 Index Numbers
NCERT Class 11 Statistics Index Numbers
Statistics for Economics Chapter 09 Use of Statistical Tools
NCERT Class 11 Statistics Use of Statistical Tools

Economics NCERT Book Class 11 Statistics for Economics Chapter 8 Index Numbers

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NCERT Book Class 11 Economics Statistics for Economics Chapter 8 Index Numbers

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Statistics for Economics Chapter 8 Index Numbers NCERT Book Class 11 Economics

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Class 11 Statistics for Economics Chapter 8 Index Numbers NCERT Book Economics

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