Why do we need an index number?

Asked by Last Modified  

2 Answers

Learn Economics +1

Follow 3
Answer

Please enter your answer

Krishna Tution

We need Index numbers because it helps to assess the living standard of people and Cost of measures the relative cost of living over time.
read more
We need Index numbersbecause it helpsto assess the living standard of people and Cost of measures the relative cost of living over time. read less
Comments

Erudite and resuscitating interest in study

To measure the purchasing power of money and it also helps in framing suitable policies
Comments

Related Questions

Is coaching in class 12 necessary to score 100 in chemistry?
Coaching is NOT necessary. But one must be ready to develop some qualities/habits to substitute the advantages coaching institutes provides. 1. CONSISTENCY: You must be regular with your studies. Because...
Profile Photo
Santosh
0 0
View Comments5
Hi All, I have completed B.com,MBA F&M and SAP MM Consultant level training ,5 yrs working experince into SAP MM End user in MNC pune but there is no job for SAP MM Fresher and sap mm end user.Please suggest to another Non - SAP Course or what should i do next?
Hi, Priya. As I went through your point, I assume that you have good exposure to Accounts and its access to a few software. You need not worry. The only thing I would suggest you go for Tally Authorized...
Profile Photo
Priya
Is it necessary to go to coaching or tuition for English in class 12 CBSE?
I think those students who are studying in a CBSE schools.They won't need.
Profile Photo
Brahma
0 0
View Comments6
How should I study Class 12 mathematics without coaching?
Solve R. D SHARMA (REFERENCE BOOK) FROM BASIC LEVEL TO HIGHER LEVEL. And YOU MUST TAKE HELP FROM YOUR SCHOOL MATHS TEACHER.
Profile Photo
My
0 0
View Comments7
Will coaching for the IIT-JEE in Class 11 affect the Class 12 boards?
Preparing for IIT JEE in class 11 will enhance your understanding of the subjects and knowledge once gathered will never get wasted . So you can go for it . Just have to study according to board exam as well . Good luck
Profile Photo
Sai
0 0
View Comments5

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Recommended Articles

With the mushrooming of international and private schools, it may seem that the education system of India is healthy. In reality, only 29% of children are sent to the private schools, while the remaining head for government or state funded education. So, to check the reality of Indian education system it is better to look...

Read full article >

While schools provide formal education to the children, the home is where they start learning about things informally. Parents think that schools will take the initiative to educate their children. Well, this is partially true, as parents also play an essential role in bringing up their child. For the development of particular...

Read full article >

Appearing for exams could be stressful for students. Even though they might have prepared well, they could suffer from anxiety, tension etc. These are not good for their health and mind. However, following a few exam preparation tips can save them from all these and help them to score good marks. Let’s find out all...

Read full article >

Learning for every child starts from a very young age. While the formal methods include school curriculums and private lessons, the informal methods include dancing, music, drawing, and various fun-filling activities. Playing games and practising these types of activities helps the children get out of boredom and...

Read full article >

Looking for Class 11 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you