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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
The general purchasing power of currency is determined by.
Question # 2
A normal year shuld be free from.
Question # 3
Laspeyre's index number is also called.
Question # 4
If Laspayer's price index = 109.5, Paasche's price inded = 112.5, then fisher's ideal index will be equal to.
Question # 5
In fixed base method the base period should be.
Question # 6
Price relaties computed by chain base method is called.
Question # 7
An index number calculated for more than on items is called.
Question # 8
Consumer price index numbers are obtained by.
Question # 9
Base year quantities are used as weights in.
Question # 10
WPI stand for.
Question # 11
If all the value are not of equal importance , the index number of called.
Question # 12
An index number having a wide scope is caled.
Question # 13
Which of the following is called an ideal index number.
Question # 14
The prices of rice are compared by.
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 | In chain base method, the base period is. |
A. Constant
B. Fixed
C. Not fixed
D. None of these
|
| 2 | The most suitable average for computation of index numbers is. |
A. G.M
B. Median
C. A.M
D. Mode
|
| 3 | Index for base period is always taken as. |
A. 50
B. 100
C. 120
D. 200
|
| 4 | The index numbers are calculated in. |
A. Ratios
B. Percentages
C. Decimal
D. Fractions
|
| 5 | 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
|
| 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 | The prices of rice are compared by. |
A. Weighted index
B. Simple index
C. Composite index
D. Compound index
|
| 8 | 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
|
| 9 | Marshall Edgeworth price index was proposed by. |
A. Two english economist
B. Two English mathematician
C. Three English economist
D. the English Scientist
|
| 10 | 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
|
Test Questions
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wajiha safdar
20 Feb 2016owesome site and mossst helpful site