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Q: How is the base year of an index selected?
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Ongoing financial reports are usually calculated by an index in developing an index what is the most important thing to do?

select a base year


What are Bse500 stocks?

BSE-500 index is a cap-weighted index that represents nearly 85% of the total market capitalisation on the Bombay Stock Exchange. This index represents all 20 major industries of the economy. 1998-99 is chosen as the base year, and within this, the date February 1, 1999 is selected as the base date for its proximity to the current period. The base value was fixed at 1000 points.


How do you find the price index?

by dividing current year price to base year price


Ongoing financial reports are usually calculated by an index in development an index what is the most important thing to do?

Select a base year to begin the index.


Ongoing financial reports are usually calculated by an index. in developing an index what is the most important to do?

select a base year


Ongoing financial reports are usually calculated by an index. In developing an index what is the most important thing to do?

select a base year


Ongoing financial reports are usually calculated by an index. In developing an index what is the most important thing do?

select a base year


How do you calculate index numbers?

First take a base year. It has to be a normal year when no natural calamity took place and the value decided to all the goods is 100. Changes in the prices are measured as a percentage of the base year prices and then index numbers have to be calculated according to the changes. The answer to the current year is measured with the base year. The increase in the answer of the current year is the inflation rate.


How On-going financial reports are usually calculated by an index In developing an index the most important thing to do is?

Select a base year to begin the index a+ you now whats gud...........


What are the fixed base index numbers?

in this a normal year of the recent past is taken as the basse year n the prices of current year are compared with the prices of the same items of base year.


If the price index is 130 this means that?

Then prices are 30% higher than in the base year


What is base year for wholesale price index number in India?

Wholesale Prices in India (Base: 2004-05=100)