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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
CPI falls in the category of.
Question # 2
In chain base method the base period is.
Question # 3
Which method of construction of consumer price index number is the laspeye's index number.
Question # 4
Price relatives is a ratio of current year price and.
Question # 5
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
Question # 6
To measrue how much the cost of some variable changes over time you would use.
Question # 7
Which index numbers are used to measure the buying power of the money
Question # 8
If an unweighed average of revalives index pn/po x 100 is calculated for each product in the compostive, what is then done with these values to finish the calculation.
Question # 9
Circular test is satisfied by
Question # 10
While dealing with price we use ----------------- as weights
Question # 11
The price used in the construction of consumer price index numbers are.
Question # 12
If all values considered in calculating an index are of equal importance, the index is
Question # 13
Link relataives can be obtained dividing Pn by
Question # 14
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 15
The volume or quantity of goods are compared by_______
Question # 16
The base period in fixed bases should be________
Question # 17
The change is whole sale or retail are studied ___________
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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ICS Part 1 Statistics Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | When all the commodities are not of equal importance, the index numbers are called. |
A. Simple
B. Weighted
C. Value
D. Un weighted
|
| 2 | In the price relative, the given year price is divided by the _________. |
A. Base year price
B. Current year price
C. Previous year price
D. None of these
|
| 3 | Which of the following methods uses quantities consumed in the current period when computing a weighted index. |
A. Laspeyres' method
B. Paache's method
C. Fisher's method
D. Marshall -Edge worth's method
|
| 4 | Geometric mean of the relative is. |
A. Reversible
B. None - Reversible
C. Both A and B
D. None of these
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| 5 | 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
|
| 6 | An index having a wide scope is called: |
A. Price index number
B. General purpose index number
C. Special purpose index number
D. None of these
|
| 7 | Index number are called: |
A. Mathematical barometer
B. Economic barometer
C. Statistical barometer
D. Both A and C
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| 8 | If we went to compare the prices of wheat then we have to compute. |
A. Price index number
B. Quantity index number
C. Volume index number
D. Both B and C
|
| 9 |
|
A. The Laspeyres index
B. The Paasches index
C. The value index
D. None of these
|
| 10 | The index number are generally classified into ___________ types. |
A. Two
B. Four
C. Five
D. Three
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.