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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
Fisher index number is the G.M. of the.
Question # 2
If all the value are not of equal importance , the index number of called.
Question # 3
Base year quantities are used as weights in.
Question # 4
When the price of the year is divided by the price of a particular year we get.
Question # 5
Index for base period is always taken as.
Question # 6
Laspeyre's index number is also called.
Question # 7
Index number calculated by Fisher's formula is ideal because it satisfies.
Question # 8
Index numbers are called.
Question # 9
The prices of rice are compared by.
Question # 10
If all the values of equal importance, the index numbers are called.
Question # 11
Consumer price index numbers are obtained by.
Question # 12
The most suitable average for computation of index numbers is.
Question # 13
In chain base method, the base period is.
Question # 14
Geometric mean of the relatives is.
Question # 15
The general purchasing power of currency is determined by.
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 | 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
|
| 2 | Fisher index number is the G.M. of the. |
A. Marshall Edgeworth index number
B. Liaspeyre's and Paasche's index number
C. Laspeyre's index number
D. Paasche's index number
|
| 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 | If all the value are not of equal importance , the index number of called. |
A. Weighted
B. Un weighted
C. Composite
D. Simple
|
| 5 | If all the values of equal importance, the index numbers are called. |
A. Unweighted
B. Weighted
C. Simple
D. Value index
|
| 6 | Paasche's index number is called. |
A. Composite index number
B. Simple index number
C. Un weighted index number
D. None of above
|
| 7 | Index for base period is always taken as. |
A. 50
B. 100
C. 120
D. 200
|
| 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 | The general purchasing power of currency is determined by. |
A. Volume index
B. Composite index
C. Whole sale price index
D. Retail price index
|
| 10 | 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
|
Test Questions