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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
If all values considered in calculating an index are of equal importance, the index is
Question # 2
If an unweighed average of revalives index pn/po x 100 is calculated for each product in the compostive, what is then done with these values to finish the calculation.
Question # 3
Index number of the year text to the base year can be shown as
Question # 4
If we went to compare the prices of wheat then we have to compute.
Question # 5
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 6
If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:
Question # 7
Link relataives can be obtained dividing Pn by
Question # 8
To measrue how much the cost of some variable changes over time you would use.
Question # 9
Laspeyres index number is also called as:
Question # 10
The index number given by formula Σpnqn/Σpnqn x100 is:
Question # 11
Commodities subject to considerable price variation should best be measured by
Question # 12
Paasche's index is also called
Question # 13
If all the value of have equal importance,then we have to assigned certain values is such index number are called.
Question # 14
Both quantities and prices are used in:
Question # 15
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 16
The index number are generally classified into ___________ types.
Question # 17
Index for base period is always take as.
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 | Price relatives is a ratio of current year price and. |
A. Base year quantity
B. Previous year quantity
C. Base year price
D. Current year quantity
|
| 2 | For computing chain index , we compute |
A. Price relative
B. Link relative
C. Weighted indices
D. None of these
|
| 3 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 4 | In a fixed base method which period is taken always 100 |
A. Preceding
B. Following
C. Base
D. Current
|
| 5 | Geometric mean of the relative is. |
A. Reversible
B. None - Reversible
C. Both A and B
D. None of these
|
| 6 | If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is. |
A. 100
B. 200
C. Zero
D. 1000
|
| 7 | Which of the following price indices are prepared by Federal Bureau of Statistics. |
A. Wholesale price index
B. Consumer price index
C. Sensitive price indicator
D. All of these
|
| 8 | The volume or quantity of goods are compared by_______ |
A. Price index number
B. Volume index number
C. Quantity
D. None of these
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| 9 | To measrue how much the cost of some variable changes over time you would use. |
A. A volue inxex
B. An inflation index
C. A quantity index
D. None of these
|
| 10 | When the base year values are used as weights, the weighted average of relatives price index is the same as. |
A. the paache's index
B. The laspeyres index
C. The unweighted average of relatives price index
D. None of these
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.