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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 index number are generally classified into ___________ types.
Question # 2
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 3
Which of the following indices satisfies both the time reversal and factor reveral tests.
Question # 4
Which index number has a wide soope
Question # 5
If we went to compare the prices of wheat then we have to compute.
Question # 6
In the price relative, the given year price is divided by the _________.
Question # 7
If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:
Question # 8
The index numbers are generally classified into ------------- types
Question # 9
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 10
Link relataives can be obtained dividing Pn by
Question # 11
Price of commodity in current year can be represented as
Question # 12
The changes in whole sale or retail price are studies in
Question # 13
The most suitable average for computing of index number is:
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
Circular test is satisfied by
Question # 16
Which is the most suitabel average in chain base method.
Question # 17
While dealing with price we use ----------------- as weights
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 | 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 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 3 | 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
|
| 4 | The weights used in a quantity index are |
A. Percentage of total quantity
B. Prices
C. Average of quantities
D. None of these
|
| 5 | Price of commodity in current year can be represented as |
A. Poi
B. Pon
C. Pn
D. Pi
|
| 6 | 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
|
| 7 | Which is the most suitabel average in chain base method. |
A. Arithemetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
| 8 | 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
|
| 9 | Which of the following methods uses quantities consumed in the base period when computing a weighted index. |
A. Laspeyree'method
B. Paasche's method
C. Fisher's 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.