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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
Base year quantities are used as weights in.
Question # 2
When the price of a year is divided by the price of the preceding year we get.
Question # 3
Index numbers are called.
Question # 4
If Laspayer's price index = 109.5, Paasche's price inded = 112.5, then fisher's ideal index will be equal to.
Question # 5
Consumer price index numbers are obtained by.
Question # 6
Index numbers are divided into following tow types.
Question # 7
When the price of the year is divided by the price of a particular year we get.
Question # 8
Geometric mean of the relatives is.
Question # 9
Index number calculated by Fisher's formula is ideal because it satisfies.
Question # 10
The index numbers are calculated in.
Question # 11
Index for base period is always taken as.
Question # 12
The most suitable average for computation of index numbers is.
Question # 13
The general purchasing power of currency is determined by.
Question # 14
Paasche's index number is called.
Question # 15
The prices of rice are compared by.
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 | Marshall Edgeworth price index was proposed by. |
A. Two english economist
B. Two English mathematician
C. Three English economist
D. the English Scientist
|
| 2 | The index numbers are calculated in. |
A. Ratios
B. Percentages
C. Decimal
D. Fractions
|
| 3 | 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
|
| 4 | 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
|
| 5 | The most suitable average for computation of index numbers is. |
A. G.M
B. Median
C. A.M
D. Mode
|
| 6 | 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
|
| 7 | 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
|
| 8 | 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
|
| 9 | If all the value are not of equal importance , the index number of called. |
A. Weighted
B. Un weighted
C. Composite
D. Simple
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| 10 | When the price of the year is divided by the price of a particular year we get. |
A. Price relative
B. Link relatives
C. Simple relatives
D. All of the above
|
Test Questions