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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
The general purchasing power of the currency of a country is determined by.
Question # 2
WPI stand for.
Question # 3
In chain base method, the base period is.
Question # 4
An index number calculated for more than on items is called.
Question # 5
Index numbers are called.
Question # 6
An index number is called a simple index when it is computed from.
Question # 7
If all the value are not of equal importance , the index number of called.
Question # 8
Consumer price index numbers are obtained by.
Question # 9
The index numbers are calculated in.
Question # 10
Price relaties computed by chain base method is called.
Question # 11
Index numbers are divided into following tow types.
Question # 12
The general purchasing power of currency is determined by.
Question # 13
A normal year shuld be free from.
Question # 14
The most suitable average for computation of index numbers is.
Question # 15
Which of the following is called an ideal index number.
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 | The general purchasing power of the currency of a country is determined by. |
A. Simpel index
B. Whole sale price index
C. Composite index
D. Volume index
|
| 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 | 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
|
| 4 | 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
|
| 5 | 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
|
| 6 | Geometric mean of the relatives is. |
A. Non -reversible
B. Reversible
C. Both a and b
D. None of above
|
| 7 | 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
|
| 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 | WPI stand for. |
A. Whole sale price index
B. Whole price index
C. Wider price index
D. Weighted price index
|
| 10 | The most suitable average for computation of index numbers is. |
A. G.M
B. Median
C. A.M
D. Mode
|
Test Questions
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wajiha safdar
20 Feb 2016owesome site and mossst helpful site