Question # 1

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

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Unweighted

Weighted

Simple

Value index

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

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Simple index number

Compound index number

composite index number

Relative index number

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

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Price index

simple relative

Link relative

Value index

Which of the following is called an ideal index number.

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Paasche's index number

Laspeyre's index number

Marshal's index number

Fisher's index number

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

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104.1

111

100

110.2

Index for base period is always taken as.

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50

100

120

200

The index numbers are calculated in.

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Ratios

Percentages

Decimal

Fractions

A normal year shuld be free from.

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Floods

Strikes

War

All of above

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

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Price relative

Link relatives

Simple relatives

All of the above

Index numbers are divided into following tow types.

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Un- weighted and weighted index numbers

Simple and un-weighted index numbers

Price and quantity index numbers

Simple and composite index numbers

An index number having a wide scope is caled.

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Special purpose inded number

Price index number

General purpose index number

Quantity index number

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

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Fisher

Marshall

Edgeworth

Paasche's

WPI stand for.

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Whole sale price index

Whole price index

Wider price index

Weighted price index

In fixed base method the base period should be.

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Normal year

Abnormal year

Fluctuatingyear

Both b and c

Index numbers are called.

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Economic barometers

Mathematical barometers

Statistical barometers

Scientific barometers

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