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Price Index

Asked 2 times in CSE, peaking in 1998.
2
PYQs
1
Exams
1
Years active
1998–1998
Span
1998
Peak
2/2
Answers
📅 Full chronological timeline →

Key insights

  • Most tested in CSE — 2 of 2 PYQs
  • Most asked in 1998
  • Recurs across 1 years (1998–1998)

Across exams

CSE · 2

How the concept evolved

298
Largely a pre-2016 idea — watch for a comeback.

Related concepts

Ideas UPSC tests alongside this one — keep exploring.

Sample questions

You've seen the pattern — here are a few of the actual PYQs.
CSE1998
The current price index (base 1960) is nearly 330. This means that
  1. A all items cost 3-3 times more than what they did in 1960
  2. B the prices of certain selected items have gone up to 3-3 times
  3. C weighted mean of prices of certain items has increased 3-3 times ✓
  4. D gold price has gone up 3-3 times
✓ Correct answer: (C)
Economy › Macroeconomics
CSE1998
The current Price Index (base 1960) is nearly 330. This means that the price of:
  1. A all items cost 3.3 times more than what they did in 1960
  2. B the price of certain selected items have gone upto 3.3 times
  3. C weight mean of price of certain items has increased 3. 3 times ✓
  4. D gold price has gone up 3.3 times
✓ Correct answer: (C)
Economy › Macroeconomics

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