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12th Business Statistics Chapter 4 Test

Here you can prepare 12th Class Business Statistics Chapter 4 Index Numbers Test. Click the button for 100% free full practice test.

12th class Business Statistics chapter 4 online mcq test with answers for ICom part 2 Business Statistics Chapter 4 (Index Numbers)

12th class Business Statistics chapter 4 online mcq test with answers for ICom part 2 Business Statistics Chapter 4 (Index Numbers)

Sr. # Questions Answers Choice
1 Paasche's index number is called.
  • A. Composite index number
  • B. Simple index number
  • C. Un weighted index number
  • D. None of above
2 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
3 WPI stand for.
  • A. Whole sale price index
  • B. Whole price index
  • C. Wider price index
  • D. Weighted price index
4 Index numbers are called.
  • A. Economic barometers
  • B. Mathematical barometers
  • C. Statistical barometers
  • D. Scientific barometers
5 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
6 Consumer price index numbers are obtained by.
  • A. Fisher's ideal formula
  • B. Marshall Edgeworth's formula
  • C. Paasche's formula
  • D. Laspayre's formula
7 Aggregative expenditure method and family budget method always give.
  • A. Approximate results
  • B. Same results
  • C. Antonymous results
  • D. Different results
8 The prices of rice are compared by.
  • A. Weighted index
  • B. Simple index
  • C. Composite index
  • D. Compound index
9 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
10 Marshall Edgeworth price index was proposed by.
  • A. Two english economist
  • B. Two English mathematician
  • C. Three English economist
  • D. the English Scientist

Top Scorers of Business Statistics Icom Part 2 English Medium Chapter 4 Online Test

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Lahore18 - Mar - 2024

13/15
02 Mins 49 Sec
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Ifrah Mirza

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12/15
03 Mins 58 Sec
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Merlin

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11/15
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Lahore22 - Mar - 2024

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    Wajiha Safdar

    20 Feb 2016

    owesome site and mossst helpful site

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