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Topic

Price index

Asked 2 times in CDS, peaking in 2024.
2
PYQs
1
Exams
1
Years active
2024–2024
Span
2024
Peak
2/2
Answers
📅 Full chronological timeline →

Key insights

  • Most tested in CDS — 2 of 2 PYQs
  • Most asked in 2024
  • Recurs across 1 years (2024–2024)

Across exams

CDS · 2

How the concept evolved

224
Rising — more than half its appearances (2 of 2) are since 2016.

Related concepts

Ideas UPSC tests alongside this one — keep exploring.
Inflation ×2

Sample questions

You've seen the pattern — here are a few of the actual PYQs.
CDS2024
If the price index increased from 100 in 2021 to 110 in 2022 to 132 in 2023, then the rate of inflation is :
  1. A 10%
  2. B 32%
  3. C 20% ✓
  4. D Cannot be determined
✓ Correct answer: (C)
Economy › Macroeconomics
CDS2024

Which of the following statements is/are correct?

  1. A price index captures the change in the average price of a constant basket of commodities
  2. If the price index takes values 100, 110 and 121 in three consecutive years respectively, then the inflation rates in the 2nd and 3rd years are 10% and 21% respectively

Select the correct answer using the code given below.

  1. A 1 only ✓
  2. B 2 only
  3. C Both 1 and 2
  4. D Neither 1 nor 2
✓ Correct answer: (A)
Economy › Macroeconomics

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