| 1 |
Index number calculated by Fisher's formula is ideal because it satisfies. |
- A. Factor reversal test
- B. Time reversal test
- C. Circular test
- D. All of above
|
| 2 |
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
|
| 3 |
Paasche's index number is called. |
- A. Composite index number
- B. Simple index number
- C. Un weighted index number
- D. None of above
|
| 4 |
In chain base method, the base period is. |
- A. Constant
- B. Fixed
- C. Not fixed
- D. None of these
|
| 5 |
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
|
| 6 |
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
|
| 7 |
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
|
| 8 |
The most suitable average for computation of index numbers is. |
- A. G.M
- B. Median
- C. A.M
- D. Mode
|
| 9 |
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
|
| 10 |
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
|