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 |
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
|
3 |
Marshall Edgeworth price index was proposed by. |
- A. Two english economist
- B. Two English mathematician
- C. Three English economist
- D. the English Scientist
|
4 |
The index numbers are calculated in. |
- A. Ratios
- B. Percentages
- C. Decimal
- D. Fractions
|
5 |
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
|
6 |
WPI stand for. |
- A. Whole sale price index
- B. Whole price index
- C. Wider price index
- D. Weighted price index
|
7 |
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
|
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 |
Geometric mean of the relatives is. |
- A. Non -reversible
- B. Reversible
- C. Both a and b
- D. None of above
|
10 |
In fixed base method the base period should be. |
- A. Normal year
- B. Abnormal year
- C. Fluctuatingyear
- D. Both b and c
|