Write the uses of Index numbers. – InterviewSolution

InterviewSolution

1.	Write the uses of Index numbers.
Answer» Index numbers are useful to governments in formulating Economic policies, such as Taxation, imports, exports, granting of licenses to new firms, fixation of Bank rates, salary and grants to employees. Also, in comparing variations in production, prices, shares, Demand, supply, and measurement of real Rupee.

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