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12th Business Statistics Chapter 4 Test

Here you can prepare 12th Class Business Statistics Chapter 4 Index Numbers Test. Click the button for 100% free full practice test.

12th class Business Statistics chapter 4 online mcq test with answers for ICom part 2 Business Statistics Chapter 4 (Index Numbers)

12th class Business Statistics chapter 4 online mcq test with answers for ICom part 2 Business Statistics Chapter 4 (Index Numbers)

Sr. # Questions Answers Choice
1 Geometric mean of the relatives is.
  • A. Non -reversible
  • B. Reversible
  • C. Both a and b
  • D. None of above
2 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
3 Index for base period is always taken as.
  • A. 50
  • B. 100
  • C. 120
  • D. 200
4 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
5 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
6 The most suitable average for computation of index numbers is.
  • A. G.M
  • B. Median
  • C. A.M
  • D. Mode
7 The index numbers are calculated in.
  • A. Ratios
  • B. Percentages
  • C. Decimal
  • D. Fractions
8 Paasche's index number is called.
  • A. Composite index number
  • B. Simple index number
  • C. Un weighted index number
  • D. None of above
9 Aggregative expenditure method and family budget method always give.
  • A. Approximate results
  • B. Same results
  • C. Antonymous results
  • D. Different results
10 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

Top Scorers of Business Statistics Icom Part 2 English Medium Chapter 4 Online Test

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Lahore18 - Mar - 2024

13/15
02 Mins 49 Sec
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Ifrah Mirza

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12/15
03 Mins 58 Sec
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Merlin

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11/15
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Lahore22 - Mar - 2024

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    Wajiha Safdar

    20 Feb 2016

    owesome site and mossst helpful site

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