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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
Marshall Edgeworth price index was proposed by.
Question # 2
When the price of the year is divided by the price of a particular year we get.
Question # 3
An index number is called a simple index when it is computed from.
Question # 4
The prices of rice are compared by.
Question # 5
Paasche's index number is called.
Question # 6
If all the values of equal importance, the index numbers are called.
Question # 7
Geometric mean of the relatives is.
Question # 8
Base year quantities are used as weights in.
Question # 9
Index for base period is always taken as.
Question # 10
The most suitable average for computation of index numbers is.
Question # 11
Index numbers are divided into following tow types.
Question # 12
Fisher index number is the G.M. of the.
Question # 13
In fixed base method the base period should be.
Question # 14
The general purchasing power of the currency of a country is determined by.
Question # 15
An index number having a wide scope is caled.
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 | The general purchasing power of currency is determined by. |
A. Volume index
B. Composite index
C. Whole sale price index
D. Retail price index
|
| 2 | Paasche's index number is called. |
A. Composite index number
B. Simple index number
C. Un weighted index number
D. None of above
|
| 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 | The prices of rice are compared by. |
A. Weighted index
B. Simple index
C. Composite index
D. Compound index
|
| 5 | 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
|
| 6 | 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
|
| 7 | 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
|
| 8 | The index numbers are calculated in. |
A. Ratios
B. Percentages
C. Decimal
D. Fractions
|
| 9 | 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
|
| 10 | In chain base method, the base period is. |
A. Constant
B. Fixed
C. Not fixed
D. None of these
|
Test Questions
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wajiha safdar
20 Feb 2016owesome site and mossst helpful site