How to calculate chain base index number questions?
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Explanation: In this method, there is no fixed base period; the year immediately preceding the one for which the price index has to be calculated is assumed as the base year
The chief advantage of this method is that the price relatives of a year can be compared with the price levels of the immediately preceding year. Businesses mostly interested in comparing this time period rather than comparing rates related to the distant past will utilize this method.
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Answer:https://www.maavalanindiatravels.com/6-historical-places-of-delhi/hello
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