12th Class Business Statistics Online MCQ's Test with Answers for Chapter 4 (Index Numbers)

ICOM Part 2 Business Statistics Chapter 4 Online MCQ's Test

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ICOM Part 2 Business Statistics Chapter Wise Online MCQ's Test

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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Business Statistics Icom Part 2 English Medium Chapter 4 Online Test

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Question # 1

Index for base period is always taken as.

Question # 2

If all the values of equal importance, the index numbers are called.

Question # 3

Index numbers are divided into following tow types.

Question # 4

The most suitable average for computation of index numbers is.

Question # 5

Fisher index number is the G.M. of the.

Question # 6

Laspeyre's index number is also called.

Question # 7

Index number calculated by Fisher's formula is ideal because it satisfies.

Question # 8

The prices of rice are compared by.

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

An index number having a wide scope is caled.

Question # 11

Geometric mean of the relatives is.

Question # 12

Marshall Edgeworth price index was proposed by.

Question # 13

Index numbers are called.

Question # 14

An index number calculated for more than on items is called.

Question # 15

The index numbers are calculated in.

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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 Index numbers are called.
A. Economic barometers
B. Mathematical barometers
C. Statistical barometers
D. Scientific barometers
2 Fisher index number is the G.M. of the.
A. Marshall Edgeworth index number
B. Liaspeyre's and Paasche's index number
C. Laspeyre's index number
D. Paasche's index number
3 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
4 The prices of rice are compared by.
A. Weighted index
B. Simple index
C. Composite index
D. Compound index
5 The general purchasing power of the currency of a country is determined by.
A. Simpel index
B. Whole sale price index
C. Composite index
D. Volume index
6 When the price of a year is divided by the price of the preceding year we get.
A. Price index
B. simple relative
C. Link relative
D. Value index
7 Aggregative expenditure method and family budget method always give.
A. Approximate results
B. Same results
C. Antonymous results
D. Different results
8 Price relaties computed by chain base method is called.
A. Link relatives
B. Value inded
C. Simple relatives
D. Price relatives
9 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
10 In fixed base method the base period should be.
A. Normal year
B. Abnormal year
C. Fluctuatingyear
D. Both b and c

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  • wajiha  safdar

    wajiha safdar

    20 Feb 2016

    owesome site and mossst helpful site

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