1 |
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
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2 |
In fixed base method the base period should be. |
- A. Normal year
- B. Abnormal year
- C. Fluctuatingyear
- D. Both b and c
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3 |
The most suitable average for computation of index numbers is. |
- A. G.M
- B. Median
- C. A.M
- D. Mode
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4 |
The index numbers are calculated in. |
- A. Ratios
- B. Percentages
- C. Decimal
- D. Fractions
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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
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6 |
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
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7 |
If all the values of equal importance, the index numbers are called. |
- A. Unweighted
- B. Weighted
- C. Simple
- D. Value index
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8 |
If all the value are not of equal importance , the index number of called. |
- A. Weighted
- B. Un weighted
- C. Composite
- D. Simple
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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
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10 |
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
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