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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
The weights used in a price index are.
Question # 2
Which method of construction of consumer price index number is the laspeye's index number.
Question # 3
The index numbers are generally classified into ------------- types
Question # 4
Index number of the year text to the base year can be shown as
Question # 5
Commodities subject to considerable price variation should best be measured by
Question # 6
If an index numebr calculation over 8 years with a base value of 100 gave an index for 1992 of 110, what would be the percentage relative for 1993.
Question # 7
Geometric mean is a suitable average in ______ method.
Question # 8
Which of the following indices has an upward bias.
Question # 9
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 10
If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:
Question # 11
An index having a wide scope is called:
Question # 12
The volume or quantity of goods are compared by_______
Question # 13
Which index number has a wide soope
Question # 14
If all the value of have equal importance,then we have to assigned certain values is such index number are called.
Question # 15
The change is whole sale or retail are studied ___________
Question # 16
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
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
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ICS Part 1 Statistics Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Price relatives is a ratio of current year price and. |
A. Base year quantity
B. Previous year quantity
C. Base year price
D. Current year quantity
|
| 2 | Which of the following price indices are prepared by Federal Bureau of Statistics. |
A. Wholesale price index
B. Consumer price index
C. Sensitive price indicator
D. All of these
|
| 3 | Geometric mean is a suitable average in ______ method. |
A. Price index
B. Chanin bases
C. Quantity index
D. Index mean
|
| 4 | Which ofthe following methods uses quantities consumed in the current period when computing a weighted index. |
A. Laspeyres method
B. Marshall -Edge worth's methods
C. Peasche's method
D. Fisher's method
|
| 5 | Commodities subject to considerable price variation should be best measured by |
A. Quantity index
B. Price index
C. Value index
D. None of these
|
| 6 | Link relataives can be obtained dividing Pn by |
A. Po
B. P n-1
C. qo
D. qn-1
|
| 7 | 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
|
| 8 | Index number are called: |
A. Mathematical barometer
B. Economic barometer
C. Statistical barometer
D. Both A and C
|
| 9 | The base period in fixed bases should be________ |
A. A normal year
B. Abnormal year
C. Special
D. General
|
| 10 | 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
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.