New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is purchasing power parity

    (PPP)
    A The concept that homogenous goods can have more than one price measured in any one currency. Correct Answer Incorrect Answer
    B The concept that heterogeneous goods can have more than one price measurd in any one currency. Correct Answer Incorrect Answer
    C The concept that homogeneous goods can not have more than one price measured in any one currency. Correct Answer Incorrect Answer
    D The concept that heterogeneous goods can not have more than one price measured in any one or multiple currency. Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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