Question

Index for base period is always taken as:

• A. $100$
• B. $1$
• C. $200$
• D. $0$

Answer 1

The correct option is A $100$

$\Rightarrow$ Index for base period is always taken as : $100$.

$\Rightarrow$ A base year is the first of a series of years in an economic or financial index. It is typically set to an arbitrary level of 100.

$\Rightarrow$ New, up-to-date base years are periodically introduced to keep data current in a particular index.

$\Rightarrow$ Any year can serve as a base year, but analysts typically choose recent years.