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MCQ's Test For Chapter 4 "Business Statistics Icom Part 2 English Medium Chapter 4 Online Test"
Try The MCQ's Test For Chapter 4 "Business Statistics Icom Part 2 English Medium Chapter 4 Online Test"
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Total Questions15
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Time Allowed20
Business Statistics Icom Part 2 English Medium Chapter 4 Online Test
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Question # 1
Index numbers are called.
Question # 2
When the price of the year is divided by the price of a particular year we get.
Question # 3
Paasche's index number is called.
Question # 4
Index number calculated by Fisher's formula is ideal because it satisfies.
Question # 5
The index numbers are calculated in.
Question # 6
Which of the following is called an ideal index number.
Question # 7
Consumer price index numbers are obtained by.
Question # 8
If all the value are not of equal importance , the index number of called.
Question # 9
Marshall Edgeworth price index was proposed by.
Question # 10
The number of commodities in the construction of whole sale index should between 20 to 50, according to.
Question # 11
Index for base period is always taken as.
Question # 12
An index number having a wide scope is caled.
Question # 13
Laspeyre's index number is also called.
Question # 14
Base year quantities are used as weights in.
Question # 15
In fixed base method the base period should be.
ICOM Part 2 Business Statistics Chapter 4 Online MCQ's Test
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ICom Part II Business Statistics (E.M) Chapter 4 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Index for base period is always taken as. |
A. 50
B. 100
C. 120
D. 200
|
| 2 | Geometric mean of the relatives is. |
A. Non -reversible
B. Reversible
C. Both a and b
D. None of above
|
| 3 | A normal year shuld be free from. |
A. Floods
B. Strikes
C. War
D. All of above
|
| 4 | Paasche's index number is called. |
A. Composite index number
B. Simple index number
C. Un weighted index number
D. None of above
|
| 5 | An index number is called a simple index when it is computed from. |
A. Multiple variables
B. Bi. variables
C. Single variable
D. All of above
|
| 6 | If all the value are not of equal importance , the index number of called. |
A. Weighted
B. Un weighted
C. Composite
D. Simple
|
| 7 | The prices of rice are compared by. |
A. Weighted index
B. Simple index
C. Composite index
D. Compound index
|
| 8 | The number of commodities in the construction of whole sale index should between 20 to 50, according to. |
A. Fisher
B. Marshall
C. Edgeworth
D. Paasche's
|
| 9 | An index number having a wide scope is caled. |
A. Special purpose inded number
B. Price index number
C. General purpose index number
D. Quantity index number
|
| 10 | Index numbers are called. |
A. Economic barometers
B. Mathematical barometers
C. Statistical barometers
D. Scientific barometers
|
Test Questions
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wajiha safdar
20 Feb 2016owesome site and mossst helpful site