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

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

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

Sr. # Questions Answers Choice
1 Aggregative expenditure method and family budget method always give.
  • A. Approximate results
  • B. Same results
  • C. Antonymous results
  • D. Different results
2 Marshall Edgeworth price index was proposed by.
  • A. Two english economist
  • B. Two English mathematician
  • C. Three English economist
  • D. the English Scientist
3 Price relaties computed by chain base method is called.
  • A. Link relatives
  • B. Value inded
  • C. Simple relatives
  • D. Price relatives
4 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
5 In chain base method, the base period is.
  • A. Constant
  • B. Fixed
  • C. Not fixed
  • D. None of these
6 Index numbers are called.
  • A. Economic barometers
  • B. Mathematical barometers
  • C. Statistical barometers
  • D. Scientific barometers
7 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
8 In fixed base method the base period should be.
  • A. Normal year
  • B. Abnormal year
  • C. Fluctuatingyear
  • D. Both b and c
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 WPI stand for.
  • A. Whole sale price index
  • B. Whole price index
  • C. Wider price index
  • D. Weighted price index

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    Wajiha Safdar

    20 Feb 2016

    owesome site and mossst helpful site

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