Important index numbers - class-XI
Description: important index numbers | |
Number of Questions: 19 | |
Created by: Akash Patel | |
Tags: price rise and consumer awareness economics index number social science business maths prices and cost of living fundamental concepts and terminologies |
The ratio of current year prices to the base year price multiplied by 100 is called ________ index number.
_____ measures the average change in retail
prices.
Pricing strategy which considers setting price after designing marketing program is termed as _______.
If customers perceive that price of product is greater than value then customer _______.
Set price limit from which no more demand is accepted is termed as _______.
Company will face low sales and low markups if company sets its product prices _____.
Third step of value based pricing is to ______.
Third step of cost-based pricing is to _______.
Only element which is the cause of income for company is ______.
A strategy that ensures price target is to be met is termed as _______.
In India, inflation is measured through __________.
Consumer price index is also known as ____.
The CPI for industrial workers and agricultural labourers are published by ______.
3 CPI which are constructed in India are-
The ________ publishes the CPI number of urban non-manual employees.
_________ shows the most accurate impact of price rise on the cost of living of common people.
The average monthly salary of a PSU employee was Rs. 40,000 in 2000 with a consumer price index of 150. In December 2006 the Consumer price index rose to 195 points. The increase in the monthly salary of the employee in order to neutralize the effect of inflation necessary is ______.
CPI for industrial workers(1982=100) is 526 in January 2005 which would mean ______.
The average monthly emoluments of PSU officers were Rs. 25,000 p.m. in 2006 when the consumer price index was 150 in 2006, in 2014 their monthly emoluments went up to Rs. 40,000 due to additional DA paid from time to time which is directly based on consumer price index. The Consumer price index in 2014 is____.