Question # 1

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

Choose an answer

Weighted

Un weighted

Composite

Simple

Base year quantities are used as weights in.

Choose an answer

Paasche's index number

fisher's index number

Marshall Edgeworth index number

Lespeyre's index number

The index numbers are calculated in.

Choose an answer

Ratios

Percentages

Decimal

Fractions

The prices of rice are compared by.

Choose an answer

Weighted index

Simple index

Composite index

Compound index

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

Choose an answer

Simple index number

Compound index number

composite index number

Relative index number

The most suitable average for computation of index numbers is.

Choose an answer

G.M

Median

A.M

Mode

WPI stand for.

Choose an answer

Whole sale price index

Whole price index

Wider price index

Weighted price index

Index numbers are divided into following tow types.

Choose an answer

Un- weighted and weighted index numbers

Simple and un-weighted index numbers

Price and quantity index numbers

Simple and composite index numbers

In fixed base method the base period should be.

Choose an answer

Normal year

Abnormal year

Fluctuatingyear

Both b and c

An index number having a wide scope is caled.

Choose an answer

Special purpose inded number

Price index number

General purpose index number

Quantity index number

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

Choose an answer

104.1

111

100

110.2

Which of the following is called an ideal index number.

Choose an answer

Paasche's index number

Laspeyre's index number

Marshal's index number

Fisher's index number

Aggregative expenditure method and family budget method always give.

Choose an answer

Approximate results

Same results

Antonymous results

Different results

Index for base period is always taken as.

Choose an answer

50

100

120

200

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

Choose an answer

Simpel index

Whole sale price index

Composite index

Volume index

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

Choose an answer

Unweighted

Weighted

Simple

Value index

When the price of the year is divided by the price of a particular year we get.

Choose an answer

Price relative

Link relatives

Simple relatives

All of the above

Paasche's index number is called.

Choose an answer

Composite index number

Simple index number

Un weighted index number

None of above

More Classes

Other Links

Business Statistics Icom Part 2 English Medium Chapter 4 Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer