Read the following statements - Assertion (A) and Reason (R). Choose one of the
correct alternatives given below: (1.)
Assertion (A): An index number is a statistical device for measuring relative changes
in a large number of items.Reason (R): There are certain limitations of index numbers such as base period of the
Past may result in variation from actual results leading to wrong interpretation.
Alternatives:
a. Both Assertion (A) and Reason (R) are true and Reason (R) is the correct
explanation of Assertion (A)
b. Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct
explanation of Assertion (A)
c. Assertion (A) is true but Reason (R) is false.
d. Assertion (A) is false but Reason (R) is true

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