SSC CGL Exam > SSC CGL Videos > SSC CGL Tier 2 - Study Material, Online Tests, Previous Year > Chain-Base Index Numbers
Chain-Base Index Numbers Video Lecture | SSC CGL Tier 2 - Study Material, Online Tests, Previous Year
FAQs on Chain-Base Index Numbers Video Lecture - SSC CGL Tier 2 - Study Material, Online Tests, Previous Year
| 1. What is a chain-base index number? |  |
Ans. A chain-base index number is a statistical measure used to track changes in the value of a variable over time. It compares the value of the variable in different periods to a base period and expresses this change as a percentage.
| 2. How is a chain-base index number calculated? | |
Ans. To calculate a chain-base index number, the value of the variable in each period is divided by the value of the variable in the base period. This ratio is then multiplied by 100 to express the change as a percentage.
| 3. What is the advantage of using chain-base index numbers over fixed-base index numbers? | |
Ans. One advantage of using chain-base index numbers is that they allow for the inclusion of new data and the removal of outdated data, making them more flexible and adaptable to changing circumstances. This enables a more accurate measurement of changes in the variable over time.
| 4. How are chain-base index numbers useful in economic analysis? | |
Ans. Chain-base index numbers are commonly used in economic analysis to measure changes in variables such as prices, production, or employment over time. They provide valuable insights into the direction and magnitude of these changes, allowing policymakers and researchers to make informed decisions and identify trends.
| 5. Can chain-base index numbers be used to compare different variables? | |
Ans. Yes, chain-base index numbers can be used to compare changes in different variables over time. By expressing the changes as percentages, these index numbers provide a standardized measure that allows for meaningful comparisons across variables. However, it is important to consider the nature and characteristics of the variables being compared to ensure valid conclusions.
About this Video
4.85/5
Rating
Sep 07, 2025
Last updated
Related Exams
Video Description: Chain-Base Index Numbers for SSC CGL 2025 is part of SSC CGL Tier 2 - Study Material, Online Tests, Previous Year preparation.
The notes and questions for Chain-Base Index Numbers have been prepared according to the SSC CGL exam syllabus.
Information about Chain-Base Index Numbers covers all important topics for SSC CGL 2025 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Chain-Base Index Numbers.
Introduction of Chain-Base Index Numbers in English is available as part of our SSC CGL Tier 2 - Study Material, Online Tests, Previous Year for SSC CGL & Chain-Base Index Numbers in
Hindi for SSC CGL Tier 2 - Study Material, Online Tests, Previous Year course. Download more important topics related with notes, lectures and mock test series for
SSC CGL Exam by signing up for free.
Description
Video Lecture & Questions for Chain-Base Index Numbers Video Lecture | SSC CGL Tier 2 - Study Material, Online Tests, Previous Year - SSC CGL full syllabus preparation | Free video for SSC CGL exam to prepare for SSC CGL Tier 2 - Study Material, Online Tests, Previous Year.
Information about Chain-Base Index Numbers
Here you can find the meaning of Chain-Base Index Numbers defined & explained in the simplest way possible.
Besides explaining types of Chain-Base Index Numbers theory, EduRev gives you an ample number of questions to practice Chain-Base Index Numbers tests,
examples and also practice SSC CGL tests.
Related Searches
Summary
,Semester Notes
,Previous Year
,Online Tests
,Online Tests
,Exam
,Chain-Base Index Numbers Video Lecture | SSC CGL Tier 2 - Study Material
,shortcuts and tricks
,Previous Year
,mock tests for examination
,Viva Questions
,ppt
,past year papers
,Free
,study material
,Objective type Questions
,Previous Year Questions with Solutions
,Sample Paper
,Important questions
,video lectures
,Extra Questions
,Online Tests
,Previous Year
,Chain-Base Index Numbers Video Lecture | SSC CGL Tier 2 - Study Material
,MCQs
,practice quizzes
,Chain-Base Index Numbers Video Lecture | SSC CGL Tier 2 - Study Material
;
Study Chain-Base Index Numbers on the App
Students of SSC CGL can study Chain-Base Index Numbers alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Chain-Base Index Numbers,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Chain-Base Index Numbers is prepared as per the latest SSC CGL syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup