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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
The change is whole sale or retail are studied ___________
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
When all the commodities are not of equal importance, the index numbers are called.
Question # 4
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
Question # 5
Which method of construction of consumer price index number is the laspeye's index number.
Question # 6
In chain base method the base period is.
Question # 7
Price of commodity in current year can be represented as
Question # 8
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 9
When the base year values are used as weights, the weighted average of relatives price index is the same as.
Question # 10
The base period in fixed bases should be________
Question # 11
Commodities subject to considerable price variation should be best measured by
Question # 12
The volume or quantity of goods are compared by
Question # 13
The weights used in a price index are.
Question # 14
Which index numbers are used to measure the buying power of the money
Question # 15
Theoretically best average used in the construction of composite index in
Question # 16
The index numbers are generally classified into ------------- types
Question # 17
Paasche's index is also called
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 volume or quantity of goods are compared by |
A. Price index numbers
B. Relative index numbers
C. Volume index numbers
D. Paasche's index
|
| 2 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of thes
|
| 3 | Commodities subject to considerable price variation should be best measured by |
A. Quantity index
B. Price index
C. Value index
D. None of these
|
| 4 | The most suitable average for computing of index number is: |
A. A.M
B. G.M
C. Median
D. H.M
|
| 5 | The index numbers are generally classified into ------------- types |
A. two
B. Four
C. five
D. Three
|
| 6 | Value of commodity can be calculate by the formula |
A. Po x Pn
B. Price x volume
C.
D. Price x quantity
|
| 7 | If all the value of have equal importance,then we have to assigned certain values is such index number are called. |
A. Weighted index number
B. Un-weighted index
C. Both A and B
D. Average
|
| 8 | Which is the most suitabel average in chain base method. |
A. Arithemetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
| 9 | In a fixed base method which period is taken always 100 |
A. Preceding
B. Following
C. Base
D. Current
|
| 10 | Which is the most useful average in chain base method |
A. Arithmetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.