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

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ICom Part II Business Statistics (E.M) Chapter 4 Important MCQ's

Sr.#	Question	Answer
1	Aggregative expenditure method and family budget method always give.	A. Approximate results B. Same results C. Antonymous results D. Different results
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	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
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	Paasche's index number is called.	A. Composite index number B. Simple index number C. Un weighted index number D. None of above
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	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
8	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
9	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
10	The general purchasing power of currency is determined by.	A. Volume index B. Composite index C. Whole sale price index D. Retail price index

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12th Class Business Statistics Online MCQ's Test with Answers for Chapter 4 (Index Numbers)

ICOM Part 2 Business Statistics Chapter 4 Online MCQ's Test

ICOM Part 2 Business Statistics Chapter Wise Online MCQ's Test

MCQ's Test For Chapter 4 "Business Statistics Icom Part 2 English Medium Chapter 4 Online Test"

Business Statistics Icom Part 2 English Medium Chapter 4 Online Test

If Laspayer's price index = 109.5, Paasche's price inded = 112.5, then fisher's ideal index will be equal to.

The general purchasing power of the currency of a country is determined by.

If all the value are not of equal importance , the index number of called.

An index number calculated for more than on items is called.

Index for base period is always taken as.

The most suitable average for computation of index numbers is.

If all the values of equal importance, the index numbers are called.

Index numbers are divided into following tow types.

Index numbers are called.

The index numbers are calculated in.

The general purchasing power of currency is determined by.

Aggregative expenditure method and family budget method always give.

The number of commodities in the construction of whole sale index should between 20 to 50, according to.

Paasche's index number is called.

An index number having a wide scope is caled.

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ICOM Part 2 Business Statistics Chapter 4 Online MCQ's Test

Top Scorers Of Chapter 4 "Business Statistics Icom Part 2 English Medium Chapter 4 Online Test" MCQ`s Test

ICom Part II Business Statistics (E.M) Chapter 4 Important MCQ's

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