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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
Which index numbers are used to measure the buying power of the money
Question # 3
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 4
CPI falls in the category of.
Question # 5
An index that measures the change for a fixed time period is called.
Question # 6
The price used in the construction of consumer price index numbers are.
Question # 7
The base period in fixed base should be
Question # 8
In a fixed base method which period is taken always 100
Question # 9
Which index number has a wide soope
Question # 10
Index number of the year text to the base year can be shown as
Question # 11
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 12
If all the value of have equal importance,then we have to assigned certain values is such index number are called.
Question # 13
While dealing with price we use ----------------- as weights
Question # 14
The weights used in a quantity index are
Question # 15
Paasche's index is also called
Question # 16
Which of the following methods uses quantities consumed in the base period when computing a weighted index.
Question # 17
Composite inde numebr involves commodities.
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 | 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
|
| 2 | CPI falls in the category of. |
A. A simple index
B. An aggregative
C. An inflationary index
D. Wholesale price index
|
| 3 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of thes
|
| 4 | The index number are generally classified into ___________ types. |
A. Two
B. Four
C. Five
D. Three
|
| 5 | Paasche's index number is: |
A. Simple index number
B. Weighted index number
C. Un-weighted index number
D. Composite index number
|
| 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 | Importance of commodity is its |
A. Quantity
B. Quality
C. Weight
D. Price
|
| 8 | While dealing with price we use ----------------- as weights |
A. Quantity
B. Quality
C. Volume
D. Both (b) and (c)
|
| 9 | If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to: |
A. 100
B. 104.1
C. 106.2
D. 110.2
|
| 10 | 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
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.