Multiple Choice Questions on The current price index base 1960 is nearly 330 This means that ........ for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

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

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    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

    Incorrect Answer

    weighted mean of prices of certain items has increased 3.3 times

    Incorrect Answer

    weighted mean of prices of certain items has increased 3.3 times

    Correct Answer

    gold price has gone up 3.3 times

    Incorrect Answer
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    Explanation:

    weighted mean of prices of certain items has increased 3.3 times

    By: Kamal Kashyap
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