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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
A normal year shuld be free from.
Question # 2
An index number having a wide scope is caled.
Question # 3
Marshall Edgeworth price index was proposed by.
Question # 4
The general purchasing power of currency is determined by.
Question # 5
The general purchasing power of the currency of a country is determined by.
Question # 6
Aggregative expenditure method and family budget method always give.
Question # 7
Paasche's index number is called.
Question # 8
In fixed base method the base period should be.
Question # 9
When the price of the year is divided by the price of a particular year we get.
Question # 10
Which of the following is called an ideal index number.
Question # 11
Fisher index number is the G.M. of the.
Question # 12
Price relaties computed by chain base method is called.
Question # 13
The number of commodities in the construction of whole sale index should between 20 to 50, according to.
Question # 14
Index number calculated by Fisher's formula is ideal because it satisfies.
Question # 15
If all the value are not of equal importance , the index number of called.
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 | Base year quantities are used as weights in. |
A. Paasche's index number
B. fisher's index number
C. Marshall Edgeworth index number
D. Lespeyre's index number
|
| 2 | If all the value are not of equal importance , the index number of called. |
A. Weighted
B. Un weighted
C. Composite
D. Simple
|
| 3 | 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
|
| 4 | 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
|
| 5 | 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
|
| 6 | Paasche's index number is called. |
A. Composite index number
B. Simple index number
C. Un weighted index number
D. None of above
|
| 7 | 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
|
| 8 | 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
|
| 9 | The general purchasing power of currency is determined by. |
A. Volume index
B. Composite index
C. Whole sale price index
D. Retail price index
|
| 10 | The most suitable average for computation of index numbers is. |
A. G.M
B. Median
C. A.M
D. Mode
|
Test Questions
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wajiha safdar
20 Feb 2016owesome site and mossst helpful site