Statistical Concepts · EPFO APFC · Question 11 of 30

Statistical Concepts – Question 11

Step-by-step solution. Statistical Concepts for EPFO APFC.

Topic
Statistical Concepts
Subject
General Studies
Difficulty
Medium
Solve Time
45–60 sec

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Q · Statistical ConceptsMedium · 45s

If the price index in the base year is 100 and in the current year it is 150, what does it indicate?

TopicStatistical Concepts
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min

Step-by-Step Solution

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Index = 150 means prices are 50% higher than base year.

Final Answer: Option (B)
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Statistical Concepts Question 11 – EPFO APFC