General Knowledge - Indian Economy - Discussion

Discussion Forum : Indian Economy - Indian Economy (Q.No. 41)

Indian Economy

41.

The current price index (base 1960) is nearly 330. This means that

all items cost 3-3 times more than what they did in 1960

the prices of certain selected items have gone up to 3-3 times

weighted means of prices of certain item has increased 3-3 times

gold price has gone up 3-3 times

Answer: Option

Explanation:

No answer description is available. Let's discuss.

Discussion:

2 comments Page 1 of 1.

Lovely said: 1 decade ago

Please give explanation of this answer ?

Ayush malviya said: 1 decade ago

It means when in 1960 Say the price is 100 & presently is 330 Means on average basis prices are increased to 3.3 Times than in 1960.

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