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The current price index (base 1960) is nearly 330. This means that

Options

(a)

all items cost 3.3 times more than what they did in 1960

(b)

the prices of certain selected items have gone upto 3.3 times

(c)

weighted mean of prices of certain items has increased 3.3 times

(d)

gold price has gone up 3.3 times

Answer

Answer not available