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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
Link relataives can be obtained dividing Pn by
Question # 2
The base period in fixed base should be
Question # 3
Geometric mean of the relative is.
Question # 4
Circular test is satisfied by
Question # 5
CPI falls in the category of.
Question # 6
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 7
The volume or quantity of goods are compared by_______
Question # 8
Which index number has a wide soope
Question # 9
Index number of the year text to the base year can be shown as
Question # 10
The index numbers are generally classified into ------------- types
Question # 11
Index for base period is always take as.
Question # 12
Laspeyres index number is also called as:
Question # 13
An index having a wide scope is called:
Question # 14
If all values considered in calculating an index are of equal importance, the index is
Question # 15
The consumer price index number is also called.
Question # 16
To measrue how much the cost of some variable changes over time you would use.
Question # 17
Consumer price indexis obtained by.
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 | Both quantities and prices are used in: |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index number
|
| 2 | When the base year values are used as weights, the weighted average of relatives price index is the same as. |
A. the paache's index
B. The laspeyres index
C. The unweighted average of relatives price index
D. None of these
|
| 3 | Which index numbers are used to measure the buying power of the money |
A. Wholesale Price index number
B. Money index number
C. Simple index number
D. Price index number
|
| 4 | 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
|
| 5 | 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
|
| 6 | When all the commodities are not of equal importance, the index numbers are called. |
A. Simple
B. Weighted
C. Value
D. Un weighted
|
| 7 | 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
|
| 8 | Base yar weighted index number are. |
A. Laspeyre's
B. Paasche's
C. Fisher's
D. C.P.I
|
| 9 | 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
|
| 10 | 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
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.