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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
An index number is called a simple index when it is computed from.
Question # 2
The general purchasing power of the currency of a country is determined by.
Question # 3
Marshall Edgeworth price index was proposed by.
Question # 4
Geometric mean of the relatives is.
Question # 5
Consumer price index numbers are obtained by.
Question # 6
Laspeyre's index number is also called.
Question # 7
Paasche's index number is called.
Question # 8
Price relaties computed by chain base method is called.
Question # 9
If Laspayer's price index = 109.5, Paasche's price inded = 112.5, then fisher's ideal index will be equal to.
Question # 10
When the price of a year is divided by the price of the preceding year we get.
Question # 11
Index numbers are called.
Question # 12
If all the values of equal importance, the index numbers are called.
Question # 13
The prices of rice are compared by.
Question # 14
The general purchasing power of currency is determined by.
Question # 15
The number of commodities in the construction of whole sale index should between 20 to 50, according to.
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 | 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
|
| 3 | 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
|
| 4 | 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
|
| 5 | Index numbers are called. |
A. Economic barometers
B. Mathematical barometers
C. Statistical barometers
D. Scientific barometers
|
| 6 | Aggregative expenditure method and family budget method always give. |
A. Approximate results
B. Same results
C. Antonymous results
D. Different results
|
| 7 | Geometric mean of the relatives is. |
A. Non -reversible
B. Reversible
C. Both a and b
D. None of above
|
| 8 | The most suitable average for computation of index numbers is. |
A. G.M
B. Median
C. A.M
D. Mode
|
| 9 | If all the values of equal importance, the index numbers are called. |
A. Unweighted
B. Weighted
C. Simple
D. Value index
|
| 10 | 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
|
Test Questions