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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
Base yar weighted index number are.
Question # 2
While dealing with price we use ----------------- as weights
Question # 3
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 4
To measrue how much the cost of some variable changes over time you would use.
Question # 5
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 6
Laspeyres index number is also called as:
Question # 7
Price of commodity in current year can be represented as
Question # 8
For computing chain index , we compute
Question # 9
The index number given by formula Σpnqn/Σpnqn x100 is:
Question # 10
Both quantities and prices are used in
Question # 11
Which of the following methods uses quantities consumed in the current period when computing a weighted index.
Question # 12
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 13
Which index number has a wide soope
Question # 14
Theoretically best average used in the construction of composite index in
Question # 15
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 16
Index number are called:
Question # 17
Composite inde numebr involves commodities.
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 | If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is. |
A. 100
B. 200
C. Zero
D. 1000
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| 2 | To measrue how much the cost of some variable changes over time you would use. |
A. A volue inxex
B. An inflation index
C. A quantity index
D. None of these
|
| 3 | 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
|
| 4 | The changes in whole sale or retail price are studies in |
A. Price index numbers
B. Volume index numbers
C. Aggregate index numbers
D. Chain index numbers
|
| 5 | Price of commodity in current year can be represented as |
A. Poi
B. Pon
C. Pn
D. Pi
|
| 6 | 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
|
| 7 | Which is the most useful average in chain base method |
A. Arithmetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
| 8 | 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
|
| 9 | 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. |
A. The values are multiplied together.
B. The largest values is found
C. The valeus are averaged
D. None of them
|
| 10 | If all the values considered in calculating an inxed are of equal importance, teh index is. |
A. Weighted
B. Simple
C. Un weighted
D. None of these
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.