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Index Numbers

Question

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Write a short note on sensex.

Solution

Sensex is the short from of Bombay Stock Exchange Sensitive Index with 1978-79 as base. The value of sensex is with reference to this period. It is the benchmark of index for the India stock market. It consists of 30 stocks represented by 13 sectors of the economy. If sensex rises, it indicates that the market is doing well and investors expect better earnings on their investments. It indicates a growing confidence of investors in the basic health of the economy.

Some More Questions From Index Numbers Chapter

As index number which accounts for the relative importance of the items is knwon as:

In most of the weighted index numbers the weight pertains to:

The impact of change in the price of a commodity with little weight in the index will be:

A consumer price index measures changes in:

The item having the highest weight in consumer price index for industrial workers is:

In general, inflation is calculated by using:

The item having the highest weight in consumer’s price index for industrial workers is:

consumer price index measures changes in:

The wholesale price index.

D.A. paid to the workers is based on:

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