12th Class Business Statistics Online MCQ's Test with Answers for Chapter 4 (Index Numbers)

ICOM Part 2 Business Statistics Chapter 4 Online MCQ's Test

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ICOM Part 2 Business Statistics Chapter Wise Online MCQ's Test

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"

  • Total Questions15

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Business Statistics Icom Part 2 English Medium Chapter 4 Online Test

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Question # 1

WPI stand for.

Question # 2

Price relaties computed by chain base method is called.

Question # 3

Base year quantities are used as weights in.

Question # 4

When the price of the year is divided by the price of a particular year we get.

Question # 5

Laspeyre's index number is also called.

Question # 6

An index number having a wide scope is caled.

Question # 7

Paasche's index number is called.

Question # 8

Aggregative expenditure method and family budget method always give.

Question # 9

Which of the following is called an ideal index number.

Question # 10

An index number is called a simple index when it is computed from.

Question # 11

When the price of a year is divided by the price of the preceding year we get.

Question # 12

In chain base method, the base period is.

Question # 13

The prices of rice are compared by.

Question # 14

The general purchasing power of currency is determined by.

Question # 15

Fisher index number is the G.M. of the.

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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 numbers are divided into following tow types.
A. Un- weighted and weighted index numbers
B. Simple and un-weighted index numbers
C. Price and quantity index numbers
D. Simple and composite index numbers
2 Which of the following is called an ideal index number.
A. Paasche's index number
B. Laspeyre's index number
C. Marshal's index number
D. Fisher's index number
3 Fisher index number is the G.M. of the.
A. Marshall Edgeworth index number
B. Liaspeyre's and Paasche's index number
C. Laspeyre's index number
D. Paasche's index number
4 Laspeyre's index number is also called.
A. Current year weighted index number
B. Base year weighted inxed number
C. Ideal index number
D. None of above
5 Index for base period is always taken as.
A. 50
B. 100
C. 120
D. 200
6 Geometric mean of the relatives is.
A. Non -reversible
B. Reversible
C. Both a and b
D. None of above
7 A normal year shuld be free from.
A. Floods
B. Strikes
C. War
D. All of above
8 The index numbers are calculated in.
A. Ratios
B. Percentages
C. Decimal
D. Fractions
9 If all the value are not of equal importance , the index number of called.
A. Weighted
B. Un weighted
C. Composite
D. Simple
10 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

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  • wajiha  safdar

    wajiha safdar

    20 Feb 2016

    owesome site and mossst helpful site

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