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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
00:00
Question # 1
Base year quantities are used as weights in.
Question # 2
Consumer price index numbers are obtained by.
Question # 3
Index for base period is always taken as.
Question # 4
Fisher index number is the G.M. of the.
Question # 5
If all the values of equal importance, the index numbers are called.
Question # 6
Index number calculated by Fisher's formula is ideal because it satisfies.
Question # 7
An index number having a wide scope is caled.
Question # 8
The index numbers are calculated in.
Question # 9
Geometric mean of the relatives is.
Question # 10
Index numbers are called.
Question # 11
Aggregative expenditure method and family budget method always give.
Question # 12
Paasche's index number is called.
Question # 13
The prices of rice are compared by.
Question # 14
In chain base method, the base period is.
Question # 15
Price relaties computed by chain base method is called.
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 | 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
|
| 2 | 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
|
| 3 | Aggregative expenditure method and family budget method always give. |
A. Approximate results
B. Same results
C. Antonymous results
D. Different results
|
| 4 | Marshall Edgeworth price index was proposed by. |
A. Two english economist
B. Two English mathematician
C. Three English economist
D. the English Scientist
|
| 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
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| 6 | The number of commodities in the construction of whole sale index should between 20 to 50, according to. |
A. Fisher
B. Marshall
C. Edgeworth
D. Paasche's
|
| 7 | 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
|
| 8 | An index number is called a simple index when it is computed from. |
A. Multiple variables
B. Bi. variables
C. Single variable
D. All of above
|
| 9 | 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
|
| 10 | 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
|
Test Questions