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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
00:00
Question # 1
If Laspayer's price index = 109.5, Paasche's price inded = 112.5, then fisher's ideal index will be equal to.
Question # 2
If all the value are not of equal importance , the index number of called.
Question # 3
The index numbers are calculated in.
Question # 4
An index number having a wide scope is caled.
Question # 5
An index number is called a simple index when it is computed from.
Question # 6
Price relaties computed by chain base method is called.
Question # 7
The general purchasing power of the currency of a country is determined by.
Question # 8
Index numbers are divided into following tow types.
Question # 9
If all the values of equal importance, the index numbers are called.
Question # 10
Base year quantities are used as weights in.
Question # 11
Index numbers are called.
Question # 12
In chain base method, the base period is.
Question # 13
Paasche's index number is called.
Question # 14
The number of commodities in the construction of whole sale index should between 20 to 50, according to.
Question # 15
Which of the following is called an ideal index number.
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 | If all the value are not of equal importance , the index number of called. |
A. Weighted
B. Un weighted
C. Composite
D. Simple
|
| 2 | If Laspayer's price index = 109.5, Paasche's price inded = 112.5, then fisher's ideal index will be equal to. |
A. 104.1
B. 111
C. 100
D. 110.2
|
| 3 | When the price of a year is divided by the price of the preceding year we get. |
A. Price index
B. simple relative
C. Link relative
D. Value index
|
| 4 | Index number calculated by Fisher's formula is ideal because it satisfies. |
A. Factor reversal test
B. Time reversal test
C. Circular test
D. All of above
|
| 5 | WPI stand for. |
A. Whole sale price index
B. Whole price index
C. Wider price index
D. Weighted price index
|
| 6 | Index numbers are called. |
A. Economic barometers
B. Mathematical barometers
C. Statistical barometers
D. Scientific barometers
|
| 7 | The general purchasing power of the currency of a country is determined by. |
A. Simpel index
B. Whole sale price index
C. Composite index
D. Volume index
|
| 8 | An index number calculated for more than on items is called. |
A. Simple index number
B. Compound index number
C. composite index number
D. Relative index number
|
| 9 | Index for base period is always taken as. |
A. 50
B. 100
C. 120
D. 200
|
| 10 | Price relaties computed by chain base method is called. |
A. Link relatives
B. Value inded
C. Simple relatives
D. Price relatives
|
Test Questions
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wajiha safdar
20 Feb 2016owesome site and mossst helpful site