NCERT · Class 11 · Economics · Index NumbersThe base year index is always taken as:
Step-by-Step Solution
The index number for the base year is always taken as 100, which acts as a standard point of comparison for other years.
Detailed Options Breakdown
Option : 0
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Index Numbers.
Option 1: 1
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Index Numbers.
Option 2: 100 (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 3: 1000
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Index Numbers.
💡 Study Guide: This question tests core syllabus concepts from Index Numbers. For formulas, key summaries, and mock exam reference guides, read the full Index Numbers Revision Notes.