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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
Fisher index number is the G.M. of the.
Question # 2
When the price of the year is divided by the price of a particular year we get.
Question # 3
Consumer price index numbers are obtained by.
Question # 4
The index numbers are calculated in.
Question # 5
In chain base method, the base period is.
Question # 6
Marshall Edgeworth price index was proposed by.
Question # 7
The number of commodities in the construction of whole sale index should between 20 to 50, according to.
Question # 8
Laspeyre's index number is also called.
Question # 9
Index numbers are divided into following tow types.
Question # 10
The most suitable average for computation of index numbers is.
Question # 11
If all the value are not of equal importance , the index number of called.
Question # 12
If all the values of equal importance, the index numbers are called.
Question # 13
Index for base period is always taken as.
Question # 14
Aggregative expenditure method and family budget method always give.
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 | An index number calculated for more than on items is called. |
A. Simple index number
B. Compound index number
C. composite index number
D. Relative index number
|
| 2 | 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
|
| 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 | 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
|
| 5 | 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
|
| 6 | 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
|
| 7 | Index for base period is always taken as. |
A. 50
B. 100
C. 120
D. 200
|
| 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 | In fixed base method the base period should be. |
A. Normal year
B. Abnormal year
C. Fluctuatingyear
D. Both b and c
|
Test Questions