In price index, when a new commodity is required to be added, which of the following index is used?

CA Foundation · Quantitative Aptitude · MTP · January 2026
In price index, when a new commodity is required to be added, which of the following index is used?
(A) A. Shifted price index
(B) B. Splicing price index
(C) C. Deflating price index
(D) D. Value price Index

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Splicing price index

Topics: Part-C: Statistics

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic