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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 Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 2
The most suitable average for computing of index number is:
Question # 3
Commodities subject to considerable price variation should best be measured by
Question # 4
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
Question # 5
The price used in the construction of consumer price index numbers are.
Question # 6
An index that measures the change for a fixed time period is called.
Question # 7
Which of the following indices has an upward bias.
Question # 8
Which of the following methods uses quantities consumed in the base period when computing a weighted index.
Question # 9
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 10
If all the value of have equal importance,then we have to assigned certain values is such index number are called.
Question # 11
Which method of construction of consumer price index number is the laspeye's index number.
Question # 12
Which of the following methods uses quantities consumed in the current period when computing a weighted index.
Question # 13
Price of commodity in current year can be represented as
Question # 14
In fixed base method, the base period should be.
Question # 15
The base period in fixed base should be
Question # 16
Both quantities and prices are used in:
Question # 17
Index number of the year text to the base year can be shown 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 | Which index number has a wide soope |
A. Special
B. General
C. Price
D. Quantity
|
| 2 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 3 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of these
|
| 4 | 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
|
| 5 | How many basic types of index numbers. |
A. 2
B. 3
C. 4
D. 5
|
| 6 | If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to: |
A. 100
B. 104.1
C. 106.2
D. 110.2
|
| 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 most suitable average for computing of index number is: |
A. A.M
B. G.M
C. Median
D. H.M
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| 9 | The volume or quantity of goods are compared by_______ |
A. Price index number
B. Volume index number
C. Quantity
D. None of these
|
| 10 | Which of the following indices has an upward bias. |
A. Laspeyres' index
B. Paache's index
C. Fisher's index
D. None of these
|
Test Questions
Share your comments & questions here
Merry
28 Mar 2016This is very inf0rmative site.