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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
Which of the following is called an ideal index number.
Question # 2
The general purchasing power of the currency of a country is determined by.
Question # 3
An index number calculated for more than on items is called.
Question # 4
If all the value are not of equal importance , the index number of called.
Question # 5
The number of commodities in the construction of whole sale index should between 20 to 50, according to.
Question # 6
In chain base method, the base period is.
Question # 7
A normal year shuld be free from.
Question # 8
Index number calculated by Fisher's formula is ideal because it satisfies.
Question # 9
Base year quantities are used as weights in.
Question # 10
Index for base period is always taken as.
Question # 11
An index number having a wide scope is caled.
Question # 12
Aggregative expenditure method and family budget method always give.
Question # 13
Fisher index number is the G.M. of the.
Question # 14
WPI stand for.
Question # 15
When the price of the year is divided by the price of a particular year we get.
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 | 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
|
| 2 | The index numbers are calculated in. |
A. Ratios
B. Percentages
C. Decimal
D. Fractions
|
| 3 | Index numbers are called. |
A. Economic barometers
B. Mathematical barometers
C. Statistical barometers
D. Scientific barometers
|
| 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 | 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
|
| 6 | 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
|
| 7 | Aggregative expenditure method and family budget method always give. |
A. Approximate results
B. Same results
C. Antonymous results
D. Different results
|
| 8 | In chain base method, the base period is. |
A. Constant
B. Fixed
C. Not fixed
D. None of these
|
| 9 | Paasche's index number is called. |
A. Composite index number
B. Simple index number
C. Un weighted index number
D. None of above
|
| 10 | 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
|
Test Questions
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wajiha safdar
20 Feb 2016owesome site and mossst helpful site