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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
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 # 2
If we went to compare the prices of wheat then we have to compute.
Question # 3
the base period can be described as a normal period if
Question # 4
The change is whole sale or retail are studied ___________
Question # 5
Which index number has a wide soope
Question # 6
Index number are called:
Question # 7
When the base year values are used as weights, the weighted average of relatives price index is the same as.
Question # 8
The base period in fixed bases should be________
Question # 9
Laspeyres index number is also called as:
Question # 10
Geometric mean is a suitable average in ______ method.
Question # 11
Price of commodity in current year can be represented as
Question # 12
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 13
The consumer price index number is also called.
Question # 14
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 15
Index number of the year text to the base year can be shown as
Question # 16
Commodities subject to considerable price variation should best be measured by
Question # 17
When all the commodities are not of equal importance, the index numbers are called.
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 | 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
|
| 2 | The index number are generally classified into ___________ types. |
A. Two
B. Four
C. Five
D. Three
|
| 3 | Base yar weighted index number are. |
A. Laspeyre's
B. Paasche's
C. Fisher's
D. C.P.I
|
| 4 | The price used in the construction of consumer price index numbers are. |
A. The retail prices
B. The fixed price
C. Thw wholsale prices
D. None of these
|
| 5 | 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
|
| 6 | If all values considered in calculating an index are of equal importance, the index is |
A. Weighted
B. Simple
C. Un weighted
D. None of these
|
| 7 | Laspeyres index number is also called as: |
A. Base year weight index number
B. Current year weight index number
C. Ideal index number
D. Fisher index number
|
| 8 | 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
|
| 9 | 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
|
| 10 | Which index number has a wide soope |
A. Special
B. General
C. Price
D. Quantity
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.