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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
Circular test is satisfied by
Question # 2
An index that measures the change for a fixed time period is called.
Question # 3
Which index number has a wide soope
Question # 4
Base yar weighted index number are.
Question # 5
If an index numebr calculation over 8 years with a base value of 100 gave an index for 1992 of 110, what would be the percentage relative for 1993.
Question # 6
In fixed base method, the base period should be.
Question # 7
The index numbers are generally classified into ------------- types
Question # 8
How many basic types of index numbers.
Question # 9
Consumer price indexis obtained by.
Question # 10
When all the commodities are not of equal importance, the index numbers are called.
Question # 11
If all values considered in calculating an index are of equal importance, the index is
Question # 12
Paasche's index is also called
Question # 13
Commodities subject to considerable price variation should be best measured by
Question # 14
Paasche's index number is:
Question # 15
Commodities subject to considerable price variation should best be measured by
Question # 16
If all the value of have equal importance,then we have to assigned certain values is such index number are called.
Question # 17
Which of the following price indices are prepared by Federal Bureau of Statistics.
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 | The index numbers are generally classified into ------------- types |
A. two
B. Four
C. five
D. Three
|
| 2 | 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
|
| 3 | Which of the following methods uses quantities consumed in the current period when computing a weighted index. |
A. Laspeyres' method
B. Paache's method
C. Fisher's method
D. Marshall -Edge worth's method
|
| 4 | While dealing with price we use ----------------- as weights |
A. Quantity
B. Quality
C. Volume
D. Both (b) and (c)
|
| 5 | 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. |
A. The values are multiplied together.
B. The largest values is found
C. The valeus are averaged
D. None of them
|
| 6 | The changes in whole sale or retail price are studies in |
A. Price index numbers
B. Volume index numbers
C. Aggregate index numbers
D. Chain index numbers
|
| 7 | Composite inde numebr involves commodities. |
A. One
B. Two
C. Three
D. More than one
|
| 8 | Importance of commodity is its |
A. Quantity
B. Quality
C. Weight
D. Price
|
| 9 | For computing chain index , we compute |
A. Price relative
B. Link relative
C. Weighted indices
D. None of these
|
| 10 | 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
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.