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Consider the following statements regarding Base Year. The base year is a representative year which must not experience any abnormal incidents such as droughts, floods, earthquakes etc. It gives an idea about changes in purchasing power and allows calculation of inflation-adjusted growth estimates.Which of the above statements is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Base Year. The base year is a representative year which must not experience any abnormal incidents such as droughts, floods, earthquakes etc. It gives an idea about changes in purchasing power and allows calculation of inflation-adjusted growth estimates.Which of the above statements is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Base Year. The base year is a representative year which must not experience any abnormal incidents such as droughts, floods, earthquakes etc. It gives an idea about changes in purchasing power and allows calculation of inflation-adjusted growth estimates.Which of the above statements is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer?.

Solutions for Consider the following statements regarding Base Year. The base year is a representative year which must not experience any abnormal incidents such as droughts, floods, earthquakes etc. It gives an idea about changes in purchasing power and allows calculation of inflation-adjusted growth estimates.Which of the above statements is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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