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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
In a fixed base method which period is taken always 100
Question # 2
Base yar weighted index number are.
Question # 3
Which is the most suitabel average in chain base method.
Question # 4
Which of the following indices satisfies both the time reversal and factor reveral tests.
Question # 5
If we went to compare the prices of wheat then we have to compute.
Question # 6
Geometric mean is a suitable average in ______ method.
Question # 7
Commodities subject to considerable price variation should be best measured by
Question # 8
the base period can be described as a normal period if
Question # 9
If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:
Question # 10
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 11
Commodities subject to considerable price variation should best be measured by
Question # 12
Both quantities and prices are used in:
Question # 13
The consumer price index number is also called.
Question # 14
An index that measures the change for a fixed time period is called.
Question # 15
The changes in whole sale or retail price are studies in
Question # 16
The volume or quantity of goods are compared by_______
Question # 17
While dealing with price we use ----------------- as weights
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 | CPI falls in the category of. |
A. A simple index
B. An aggregative
C. An inflationary index
D. Wholesale price index
|
| 2 |
|
A. The Laspeyres index
B. The Paasches index
C. The value index
D. None of these
|
| 3 | The index numbers are generally classified into ------------- types |
A. two
B. Four
C. five
D. Three
|
| 4 | Link relataives can be obtained dividing Pn by |
A. Po
B. P n-1
C. qo
D. qn-1
|
| 5 | 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
|
| 6 | The most suitable average for computing of index number is: |
A. A.M
B. G.M
C. Median
D. H.M
|
| 7 | Value of commodity can be calculate by the formula |
A. Po x Pn
B. Price x volume
C.
D. Price x quantity
|
| 8 | Both quantities and prices are used in |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index numbers
|
| 9 | 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
|
| 10 | Consumer price indexis obtained by. |
A. Paache's formula
B. Marshall Edgeworth formula
C. Fisher's ideal formula
D. Family Budget Method formula
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.