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First Year ICS Statistics Chapter 5 Online MCQ Test (Index Numbers)

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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

ICS Part 1 Statistics Chapter 5 Test

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Statistics Ics Part 1 Chapter 5 Online Test

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  • Total Questions17

  • Time Allowed20

Statistics Ics Part 1 Chapter 5 Online Test

00:00
Question # 1

Index number are called:

Question # 2

The base period  in fixed bases should be________

Question # 3

Link relataives can be obtained dividing Pn by

Question # 4

Price of commodity in current year can be represented as

Question # 5

Both quantities and prices are used in

Question # 6

Which index numbers are used to measure the buying power of the money

Question # 7

When all the commodities are not of equal importance, the index numbers are called.

Question # 8

Theoretically best average used in the construction of composite index in

Question # 9

In chain base method the base period is.

Question # 10

Commodities subject to considerable price variation should be best measured by

Question # 11

The most suitable average for computing of index number is:

Question # 12

If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:

Question # 13

Which of the following price indices are prepared by Federal Bureau of Statistics.

Question # 14

To measrue how much the cost of some variable changes over time you would use.

Question # 15

Which of the followingindices satisfies both the time reversal and factor reversal tests.

Question # 16

The change is whole sale or retail are studied  ___________

Question # 17

Paasche's index number is:

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ICS Part 1 Statistics Chapter 5 MCQs Test

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