The concepts of Price Index, Quantity Index, and Value Index form a crucial part of CBSE Class 11 Economics (Part A: Statistics for Economics). Index numbers help economists and policymakers measure changes in economic variables like prices, output, and value over time. Understanding these indices enables students to interpret inflation trends, production variations, and overall economic performance effectively.
This online MCQ quiz on Price Index, Quantity Index, and Value Index has been created strictly as per the NCERT Class 11 Economics syllabus, making it ideal for CBSE board exam preparation. The quiz features 60 multiple-choice questions that test conceptual understanding, calculation accuracy, and analytical interpretation.
With a 60-minute timer, automatic scoring, and per-question feedback, this NCERT-based practice test offers a complete learning experience. Strengthen your statistical and analytical skills with this quiz and gain confidence in understanding index numbers — one of the most practical tools in economic analysis.