The product of the price index and the quantity index are equal to the corresponding value index in _______

CA Foundation · Quantitative Aptitude · PYQS · May 2026
The product of the price index and the quantity index are equal to the corresponding value index in _______
(A) A. Time reversal test
(B) B. Factor reversal test
(C) C. Circular test
(D) D. Unit test

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Factor reversal test

Topics: Part-C: Statistics

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