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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
Both quantities and prices are used in:
Question # 2
If we went to compare the prices of wheat then we have to compute.
Question # 3
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 4
Link relataives can be obtained dividing Pn by
Question # 5
Index number of the year text to the base year can be shown as
Question # 6
The weights used in a price index are.
Question # 7
The consumer price index number is also called.
Question # 8
Which of the following indices satisfies both the time reversal and factor reveral tests.
Question # 9
Importance of commodity is its
Question # 10
The weights used in a quantity index are
Question # 11
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 12
Which of the following methods uses quantities consumed in the current period when computing a weighted index.
Question # 13
Commodities subject to considerable price variation should best be measured by
Question # 14
The change is whole sale or retail are studied ___________
Question # 15
The index number are generally classified into ___________ types.
Question # 16
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 17
For computing chain index , we compute
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 | In a fixed base method which period is taken always 100 |
A. Preceding
B. Following
C. Base
D. Current
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| 2 | Which of the following methods uses quantities consumed in the base period when computing a weighted index. |
A. Laspeyree'method
B. Paasche's method
C. Fisher's method
D. None of these
|
| 3 | The index number are generally classified into ___________ types. |
A. Two
B. Four
C. Five
D. Three
|
| 4 | 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
|
| 5 | Base yar weighted index number are. |
A. Laspeyre's
B. Paasche's
C. Fisher's
D. C.P.I
|
| 6 | In the price relative, the given year price is divided by the _________. |
A. Base year price
B. Current year price
C. Previous year price
D. None of these
|
| 7 | The base period in fixed bases should be________ |
A. A normal year
B. Abnormal year
C. Special
D. General
|
| 8 | Paasche's index number is: |
A. Simple index number
B. Weighted index number
C. Un-weighted index number
D. Composite index number
|
| 9 | The weights used in a quantity index are |
A. Percentage of total quantity
B. Prices
C. Average of quantities
D. None of these
|
| 10 | Theoretically best average used in the construction of composite index in |
A. The arithmetic mean
B. The geometric mean
C. The median
D. The harmonic mean
|
Test Questions