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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
Which of the following is called an ideal index number.
Question # 2
The general purchasing power of the currency of a country is determined by.
Question # 3
Index number calculated by Fisher's formula is ideal because it satisfies.
Question # 4
Consumer price index numbers are obtained by.
Question # 5
An index number calculated for more than on items is called.
Question # 6
Laspeyre's index number is also called.
Question # 7
The number of commodities in the construction of whole sale index should between 20 to 50, according to.
Question # 8
An index number is called a simple index when it is computed from.
Question # 9
The general purchasing power of currency is determined by.
Question # 10
Price relaties computed by chain base method is called.
Question # 11
An index number having a wide scope is caled.
Question # 12
Index numbers are called.
Question # 13
The prices of rice are compared by.
Question # 14
Paasche's index number is called.
Question # 15
If all the values of equal importance, the index numbers are 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 | In fixed base method the base period should be. |
A. Normal year
B. Abnormal year
C. Fluctuatingyear
D. Both b and c
|
| 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 | Index numbers are called. |
A. Economic barometers
B. Mathematical barometers
C. Statistical barometers
D. Scientific barometers
|
| 4 | 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
|
| 5 | The general purchasing power of currency is determined by. |
A. Volume index
B. Composite index
C. Whole sale price index
D. Retail price index
|
| 6 | A normal year shuld be free from. |
A. Floods
B. Strikes
C. War
D. All of above
|
| 7 | Marshall Edgeworth price index was proposed by. |
A. Two english economist
B. Two English mathematician
C. Three English economist
D. the English Scientist
|
| 8 | 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
|
| 9 | The most suitable average for computation of index numbers is. |
A. G.M
B. Median
C. A.M
D. Mode
|
| 10 | Price relaties computed by chain base method is called. |
A. Link relatives
B. Value inded
C. Simple relatives
D. Price relatives
|
Test Questions