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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
Marshall Edgeworth price index was proposed by.
Question # 2
Index for base period is always taken as.
Question # 3
If Laspayer's price index = 109.5, Paasche's price inded = 112.5, then fisher's ideal index will be equal to.
Question # 4
In chain base method, the base period is.
Question # 5
Geometric mean of the relatives is.
Question # 6
Index numbers are called.
Question # 7
Price relaties computed by chain base method is called.
Question # 8
If all the value are not of equal importance , the index number of called.
Question # 9
If all the values of equal importance, the index numbers are called.
Question # 10
The general purchasing power of currency is determined by.
Question # 11
An index number having a wide scope is caled.
Question # 12
Laspeyre's index number is also called.
Question # 13
The prices of rice are compared by.
Question # 14
Index number calculated by Fisher's formula is ideal because it satisfies.
Question # 15
Aggregative expenditure method and family budget method always give.
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 | In chain base method, the base period is. |
A. Constant
B. Fixed
C. Not fixed
D. None of these
|
| 2 | 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
|
| 3 | Geometric mean of the relatives is. |
A. Non -reversible
B. Reversible
C. Both a and b
D. None of above
|
| 4 | 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
|
| 5 | The general purchasing power of currency is determined by. |
A. Volume index
B. Composite index
C. Whole sale price index
D. Retail price index
|
| 6 | 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
|
| 7 | If all the values of equal importance, the index numbers are called. |
A. Unweighted
B. Weighted
C. Simple
D. Value index
|
| 8 | Index for base period is always taken as. |
A. 50
B. 100
C. 120
D. 200
|
| 9 | 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
|
| 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
|
Test Questions
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wajiha safdar
20 Feb 2016owesome site and mossst helpful site