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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
Base yar weighted index number are.
Question # 2
If all the value of have equal importance,then we have to assigned certain values is such index number are called.
Question # 3
If all values considered in calculating an index are of equal importance, the index is
Question # 4
Theoretically best average used in the construction of composite index in
Question # 5
For computing chain index , we compute
Question # 6
Circular test is satisfied by
Question # 7
CPI falls in the category of.
Question # 8
Which method of construction of consumer price index number is the laspeye's index number.
Question # 9
Index number are called:
Question # 10
An index that measures the change for a fixed time period is called.
Question # 11
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 # 12
In the price relative, the given year price is divided by the _________.
Question # 13
When all the commodities are not of equal importance, the index numbers are called.
Question # 14
Which of the following indices satisfies both the time reversal and factor reveral tests.
Question # 15
Index for base period is always take as.
Question # 16
Price of commodity in current year can be represented as
Question # 17
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.
ICS Part 1 Statistics Chapter 5 MCQs Test
Top Scorers Of Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test" MCQ`s Test
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ICS Part 1 Statistics Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | In fixed base method, the base period should be. |
A. Far away
B. Normal
C. Un reliable
D. Abnormal
|
| 2 | Circular test is satisfied by |
A. Laspeyres index
B. Paasche's index
C. Fisher's method
D. None of these
|
| 3 | Which of the following indices has an upward bias. |
A. Laspeyres' index
B. Paache's index
C. Fisher's index
D. None of these
|
| 4 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of thes
|
| 5 | 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
|
| 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 | The weights used in a quantity index are |
A. Percentage of total quantity
B. Prices
C. Average of quantities
D. None of these
|
| 8 | Both quantities and prices are used in: |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index number
|
| 9 |
|
A. The Laspeyres index
B. The Paasches index
C. The value index
D. None of these
|
| 10 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.