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This online test contains MCQs about following topics:
Introduction to index number . Construction of price index number . Unweighted index numbers . Weighted index numbers . Consumer price index and wholesale price index
MCQ's Test For Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test"
Try The MCQ's Test For Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test"
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Total Questions17
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Time Allowed20
Statistics Ics Part 1 Chapter 5 Online Test
00:00
Question # 1
While dealing with price we use ----------------- as weights
Question # 2
Paasche's index is also called
Question # 3
Consumer price indexis obtained by.
Question # 4
If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:
Question # 5
The change is whole sale or retail are studied ___________
Question # 6
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 7
The weights used in a price index are.
Question # 8
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 9
The volume or quantity of goods are compared by
Question # 10
The weights used in a quantity index are
Question # 11
The base period in fixed base should be
Question # 12
Importance of commodity is its
Question # 13
Index number of the year text to the base year can be shown as
Question # 14
The most suitable average for computing of index number is:
Question # 15
The index numbers are generally classified into ------------- types
Question # 16
Link relataives can be obtained dividing Pn by
Question # 17
When all the commodities are not of equal importance, the index numbers are called.
ICS Part 1 Statistics Chapter 5 MCQs Test
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ICS Part 1 Statistics Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | An index that measures the change for a fixed time period is called. |
A. Chain base method
B. Fixed base method
C. Simple aggregative method
D. Cost of living method
|
| 2 | For computing chain index , we compute |
A. Price relative
B. Link relative
C. Weighted indices
D. None of these
|
| 3 | Index number of the year text to the base year can be shown as |
A. Qn
B. Qon
C. Q01
D. Qoi
|
| 4 | Composite inde numebr involves commodities. |
A. One
B. Two
C. Three
D. More than one
|
| 5 | Which ofthe following methods uses quantities consumed in the current period when computing a weighted index. |
A. Laspeyres method
B. Marshall -Edge worth's methods
C. Peasche's method
D. Fisher's method
|
| 6 | Which of the following indices satisfies both the time reversal and factor reveral tests. |
A. Laspeyres' index
B. Fisher's index
C. Paasche's index
D. Marshall -edge worth
|
| 7 | In fixed base method, the base period should be. |
A. Far away
B. Normal
C. Un reliable
D. Abnormal
|
| 8 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 9 | If we went to compare the prices of wheat then we have to compute. |
A. Price index number
B. Quantity index number
C. Volume index number
D. Both B and C
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| 10 | Which of the followingindices satisfies both the time reversal and factor reversal tests. |
A. Fisher's method
B. Paasche's method
C. Laspeyres method
D. None of these
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.