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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
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 2
Base yar weighted index number are.
Question # 3
Which is the most suitabel average in chain base method.
Question # 4
Consumer price indexis obtained by.
Question # 5
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 # 6
In the price relative, the given year price is divided by the _________.
Question # 7
Importance of commodity is its
Question # 8
The weights used in a price index are.
Question # 9
In a fixed base method which period is taken always 100
Question # 10
Price relatives is a ratio of current year price and.
Question # 11
Value of commodity can be calculate by the formula
Question # 12
Which of the following methods uses quantities consumed in the base period when computing a weighted index.
Question # 13
The change is whole sale or retail are studied ___________
Question # 14
Both quantities and prices are used in:
Question # 15
An index having a wide scope is called:
Question # 16
If all values considered in calculating an index are of equal importance, the index is
Question # 17
Geometric mean of the relative is.
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 | Circular test is satisfied by |
A. Laspeyres index
B. Paasche's index
C. Fisher's method
D. None of these
|
| 2 | Commodities subject to considerable price variation should be best measured by |
A. Quantity index
B. Price index
C. Value index
D. None of these
|
| 3 | The most suitable average for computing of index number is: |
A. A.M
B. G.M
C. Median
D. H.M
|
| 4 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 5 | Importance of commodity is its |
A. Quantity
B. Quality
C. Weight
D. Price
|
| 6 | Paasche's index is also called |
A. Consumer price index
B. Current year price
C. Simple index
D. Cost of consumption
|
| 7 | Link relataives can be obtained dividing Pn by |
A. Po
B. P n-1
C. qo
D. qn-1
|
| 8 | Which of the following indices has an upward bias. |
A. Laspeyres' index
B. Paache's index
C. Fisher's index
D. None of these
|
| 9 | 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. |
A. 90.0
B. 13.75
C. 880
D. 110
|
| 10 | The index number given by formula Σpnqn/Σpnqn x100 is: |
A. Laspeyres index
B. The paasche's index
C. The value index
D. None of these
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.