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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
Paasche's index number is:
Question # 2
Index number of the year text to the base year can be shown as
Question # 3
The base period in fixed bases should be________
Question # 4
Which of the following indices satisfies both the time reversal and factor reveral tests.
Question # 5
Commodities subject to considerable price variation should be best measured by
Question # 6
While dealing with price we use ----------------- as weights
Question # 7
The volume or quantity of goods are compared by_______
Question # 8
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
Question # 9
Geometric mean of the relative is.
Question # 10
Geometric mean is a suitable average in ______ method.
Question # 11
In chain base method the base period is.
Question # 12
Circular test is satisfied by
Question # 13
Which is the most suitabel average in chain base method.
Question # 14
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 15
Paasche's index is also called
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
The volume or quantity of goods are compared by
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 | Link relataives can be obtained dividing Pn by |
A. Po
B. P n-1
C. qo
D. qn-1
|
| 2 | Which is the most useful average in chain base method |
A. Arithmetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
| 3 | Composite inde numebr involves commodities. |
A. One
B. Two
C. Three
D. More than one
|
| 4 | The index numbers are generally classified into ------------- types |
A. two
B. Four
C. five
D. Three
|
| 5 | The price used in the construction of consumer price index numbers are. |
A. The retail prices
B. The fixed price
C. Thw wholsale prices
D. None of these
|
| 6 | The volume or quantity of goods are compared by_______ |
A. Price index number
B. Volume index number
C. Quantity
D. None of these
|
| 7 | 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
|
| 8 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of thes
|
| 9 | 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
|
| 10 | 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
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.