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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
Base year quantities are used as weights in.
Question # 2
Price relaties computed by chain base method is called.
Question # 3
Consumer price index numbers are obtained by.
Question # 4
If all the values of equal importance, the index numbers are called.
Question # 5
Marshall Edgeworth price index was proposed by.
Question # 6
Index numbers are called.
Question # 7
In chain base method, the base period is.
Question # 8
The general purchasing power of currency is determined by.
Question # 9
Index numbers are divided into following tow types.
Question # 10
A normal year shuld be free from.
Question # 11
If Laspayer's price index = 109.5, Paasche's price inded = 112.5, then fisher's ideal index will be equal to.
Question # 12
Index number calculated by Fisher's formula is ideal because it satisfies.
Question # 13
The general purchasing power of the currency of a country is determined by.
Question # 14
An index number calculated for more than on items is called.
Question # 15
WPI stand for.
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 | 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
|
| 2 | A normal year shuld be free from. |
A. Floods
B. Strikes
C. War
D. All of above
|
| 3 | 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
|
| 4 | Base year quantities are used as weights in. |
A. Paasche's index number
B. fisher's index number
C. Marshall Edgeworth index number
D. Lespeyre's index number
|
| 5 | Aggregative expenditure method and family budget method always give. |
A. Approximate results
B. Same results
C. Antonymous results
D. Different results
|
| 6 | If all the value are not of equal importance , the index number of called. |
A. Weighted
B. Un weighted
C. Composite
D. Simple
|
| 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 | 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
|
| 9 | 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
|
| 10 | Marshall Edgeworth price index was proposed by. |
A. Two english economist
B. Two English mathematician
C. Three English economist
D. the English Scientist
|
Test Questions