The base year of All India CPI (Combined) currently is: MCQ with Answer and Explanation

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The base year of All India CPI (Combined) currently is:

A. 2016

B. 2011-12

C. 2010

D. 2012

Answer: Option D

Solution (By JKSSB Mock Tests)

The new series of CPI (Rural, Urban, Combined) has base year 2012.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

The dependency ratio in India has been declining primarily due to:

A. Declining fertility

B. Increasing mortality

C. Emigration

D. Increasing old age population

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Correct Answer: Option A

Explanation:
Falling birth rates reduce the proportion of children (0-14), lowering the dependency ratio, at least in the short-medium term.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Cost of Living Index adjustments are most relevant for:

A. International trade agreements

B. Stock market investments

C. Corporate profit calculations

D. Wage negotiations and social security benefits

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Correct Answer: Option D

Explanation:
Cost of Living Indices inform wage indexation, pension adjustments, and welfare benefits to maintain purchasing power amid inflation, directly impacting household economic security.

This question belongs to: Accountancy and Statistics Statistics

Question #3

An event that cannot happen is called:

A. Complementary event

B. Mutually exclusive event

C. Impossible event

D. Certain event

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Correct Answer: Option C

Explanation:
An impossible event has probability 0.

This question belongs to: Accountancy and Statistics Statistics

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