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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 the price relative, the given year price is divided by the _________.
Question # 2
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 3
CPI falls in the category of.
Question # 4
Laspeyres index number is also called as:
Question # 5
The most suitable average for computing of index number is:
Question # 6
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 7
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 8
Commodities subject to considerable price variation should best be measured by
Question # 9
The index number given by formula Σpnqn/Σpnqn x100 is:
Question # 10
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 11
If all values considered in calculating an index are of equal importance, the index is
Question # 12
Paasche's index number is:
Question # 13
If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:
Question # 14
In a fixed base method which period is taken always 100
Question # 15
The base period in fixed bases should be________
Question # 16
Index number of the year text to the base year can be shown as
Question # 17
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
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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U Ubaid Raza 10 - Sep - 2024 01 Min 33 Sec 17/17 -
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E Esha Hanif 24 - Jun - 2024 04 Min 38 Sec 12/17
ICS Part 1 Statistics Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Value of commodity can be calculate by the formula |
A. Po x Pn
B. Price x volume
C.
D. Price x quantity
|
| 2 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 3 | The change is whole sale or retail are studied ___________ |
A. Price index number
B. Quantity index number
C. Volume index number
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 | Both quantities and prices are used in: |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index number
|
| 6 | Which of the following indices has an upward bias. |
A. Laspeyres' index
B. Paache's index
C. Fisher's index
D. None of these
|
| 7 | The index numbers are generally classified into ------------- types |
A. two
B. Four
C. five
D. Three
|
| 8 | Laspeyres index number is also called as: |
A. Base year weight index number
B. Current year weight index number
C. Ideal index number
D. Fisher index number
|
| 9 | Price of commodity in current year can be represented as |
A. Poi
B. Pon
C. Pn
D. Pi
|
| 10 | Geometric mean is a suitable average in ______ method. |
A. Price index
B. Chanin bases
C. Quantity index
D. Index mean
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.