CA Foundation Exam > CA Foundation Questions > _________________ satisfies circular testa)G....
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_________________ satisfies circular test
- a)G.M. of price relatives or the weighted aggregate with fixed weights
- b)A.M. of price relatives or the weighted aggregate with fixed weights
- c)H.M. of price relatives or the weighted aggregate with fixed weights
- d)none
Correct answer is option 'A'. Can you explain this answer?
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_________________ satisfies circular testa)G.M. of price relatives or ...
Answer:
G.M. of price relatives or the weighted aggregate with fixed weights
Explanation:
- The circular test is used to check the consistency of price index numbers.
- If the price index numbers are consistent, then they will satisfy the circular test.
- The circular test involves comparing two different price index numbers obtained by different methods.
- The methods are the G.M. of price relatives or the weighted aggregate with fixed weights, the A.M. of price relatives or the weighted aggregate with fixed weights, and the H.M. of price relatives or the weighted aggregate with fixed weights.
- Among these methods, only the G.M. of price relatives or the weighted aggregate with fixed weights satisfy the circular test.
- Therefore, the correct answer is option 'A', which is the G.M. of price relatives or the weighted aggregate with fixed weights.
Note:
- The G.M. of price relatives is calculated by multiplying the price relatives of all the items and then taking the geometric mean of the resulting values.
- The A.M. of price relatives is calculated by adding the price relatives of all the items and then taking the arithmetic mean of the resulting values.
- The H.M. of price relatives is calculated by taking the reciprocal of the price relatives of all the items, adding them up, and then taking the harmonic mean of the resulting values.
G.M. of price relatives or the weighted aggregate with fixed weights
Explanation:
- The circular test is used to check the consistency of price index numbers.
- If the price index numbers are consistent, then they will satisfy the circular test.
- The circular test involves comparing two different price index numbers obtained by different methods.
- The methods are the G.M. of price relatives or the weighted aggregate with fixed weights, the A.M. of price relatives or the weighted aggregate with fixed weights, and the H.M. of price relatives or the weighted aggregate with fixed weights.
- Among these methods, only the G.M. of price relatives or the weighted aggregate with fixed weights satisfy the circular test.
- Therefore, the correct answer is option 'A', which is the G.M. of price relatives or the weighted aggregate with fixed weights.
Note:
- The G.M. of price relatives is calculated by multiplying the price relatives of all the items and then taking the geometric mean of the resulting values.
- The A.M. of price relatives is calculated by adding the price relatives of all the items and then taking the arithmetic mean of the resulting values.
- The H.M. of price relatives is calculated by taking the reciprocal of the price relatives of all the items, adding them up, and then taking the harmonic mean of the resulting values.
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_________________ satisfies circular testa)G.M. of price relatives or the weighted aggregate with fixed weightsb)A.M. of price relatives or the weighted aggregate with fixed weightsc)H.M. of price relatives or the weighted aggregate with fixed weightsd)noneCorrect answer is option 'A'. Can you explain this answer?
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_________________ satisfies circular testa)G.M. of price relatives or the weighted aggregate with fixed weightsb)A.M. of price relatives or the weighted aggregate with fixed weightsc)H.M. of price relatives or the weighted aggregate with fixed weightsd)noneCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about _________________ satisfies circular testa)G.M. of price relatives or the weighted aggregate with fixed weightsb)A.M. of price relatives or the weighted aggregate with fixed weightsc)H.M. of price relatives or the weighted aggregate with fixed weightsd)noneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for _________________ satisfies circular testa)G.M. of price relatives or the weighted aggregate with fixed weightsb)A.M. of price relatives or the weighted aggregate with fixed weightsc)H.M. of price relatives or the weighted aggregate with fixed weightsd)noneCorrect answer is option 'A'. Can you explain this answer?.
_________________ satisfies circular testa)G.M. of price relatives or the weighted aggregate with fixed weightsb)A.M. of price relatives or the weighted aggregate with fixed weightsc)H.M. of price relatives or the weighted aggregate with fixed weightsd)noneCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about _________________ satisfies circular testa)G.M. of price relatives or the weighted aggregate with fixed weightsb)A.M. of price relatives or the weighted aggregate with fixed weightsc)H.M. of price relatives or the weighted aggregate with fixed weightsd)noneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for _________________ satisfies circular testa)G.M. of price relatives or the weighted aggregate with fixed weightsb)A.M. of price relatives or the weighted aggregate with fixed weightsc)H.M. of price relatives or the weighted aggregate with fixed weightsd)noneCorrect answer is option 'A'. Can you explain this answer?.
Solutions for _________________ satisfies circular testa)G.M. of price relatives or the weighted aggregate with fixed weightsb)A.M. of price relatives or the weighted aggregate with fixed weightsc)H.M. of price relatives or the weighted aggregate with fixed weightsd)noneCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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