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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
00:00
Question # 1
An index number calculated for more than on items is called.
Question # 2
In fixed base method the base period should be.
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
The index numbers are calculated in.
Question # 6
An index number is called a simple index when it is computed from.
Question # 7
Index numbers are divided into following tow types.
Question # 8
Price relaties computed by chain base method is called.
Question # 9
The most suitable average for computation of index numbers is.
Question # 10
WPI stand for.
Question # 11
The number of commodities in the construction of whole sale index should between 20 to 50, according to.
Question # 12
When the price of the year is divided by the price of a particular year we get.
Question # 13
Base year quantities are used as weights in.
Question # 14
Index numbers are called.
Question # 15
Fisher index number is the G.M. of the.
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 | Geometric mean of the relatives is. |
A. Non -reversible
B. Reversible
C. Both a and b
D. None of above
|
| 2 | Price relaties computed by chain base method is called. |
A. Link relatives
B. Value inded
C. Simple relatives
D. Price relatives
|
| 3 | In chain base method, the base period is. |
A. Constant
B. Fixed
C. Not fixed
D. None of these
|
| 4 | 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
|
| 5 | 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
|
| 6 | An index number having a wide scope is caled. |
A. Special purpose inded number
B. Price index number
C. General purpose index number
D. Quantity index number
|
| 7 | 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
|
| 8 | The most suitable average for computation of index numbers is. |
A. G.M
B. Median
C. A.M
D. Mode
|
| 9 | 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
|
| 10 | Index number calculated by Fisher's formula is ideal because it satisfies. |
A. Factor reversal test
B. Time reversal test
C. Circular test
D. All of above
|
Test Questions
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wajiha safdar
20 Feb 2016owesome site and mossst helpful site