Solved EPFO APFC Question
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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)