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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 index number has a wide soope
Question # 2
Both quantities and prices are used in:
Question # 3
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 4
The consumer price index number is also called.
Question # 5
Index number are called:
Question # 6
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 7
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 8
The base period in fixed base should be
Question # 9
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 10
Composite inde numebr involves commodities.
Question # 11
For computing chain index , we compute
Question # 12
The index numbers are generally classified into ------------- types
Question # 13
Price relatives is a ratio of current year price and.
Question # 14
CPI falls in the category of.
Question # 15
Which index numbers are used to measure the buying power of the money
Question # 16
If an unweighed average of revalives index pn/po x 100 is calculated for each product in the compostive, what is then done with these values to finish the calculation.
Question # 17
To measrue how much the cost of some variable changes over time you would use.
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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A Areeha Waheed 13 - Jul - 2024 00 Min 49 Sec 17/17 -
U Ubaid Raza 10 - Sep - 2024 01 Min 33 Sec 17/17 -
M Maryam Ijaz 20 - Oct - 2024 00 Min 01 Sec 16/17 -
M Muhammad boota 11 - Jan - 2024 04 Min 27 Sec 15/17 -
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M muhammad Saad 21 - Apr - 2024 03 Min 04 Sec 13/17 -
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E Esha Hanif 24 - Jun - 2024 04 Min 38 Sec 12/17
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 | Both quantities and prices are used in |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index numbers
|
| 3 | If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is. |
A. 100
B. 200
C. Zero
D. 1000
|
| 4 | Paasche's index is also called |
A. Consumer price index
B. Current year price
C. Simple index
D. Cost of consumption
|
| 5 | When all the commodities are not of equal importance, the index numbers are called. |
A. Simple
B. Weighted
C. Value
D. Un weighted
|
| 6 | For computing chain index , we compute |
A. Price relative
B. Link relative
C. Weighted indices
D. None of these
|
| 7 | If an unweighed average of revalives index pn/po x 100 is calculated for each product in the compostive, what is then done with these values to finish the calculation. |
A. The values are multiplied together.
B. The largest values is found
C. The valeus are averaged
D. None of them
|
| 8 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 9 | The index numbers are generally classified into ------------- types |
A. two
B. Four
C. five
D. Three
|
| 10 | Price of commodity in current year can be represented as |
A. Poi
B. Pon
C. Pn
D. Pi
|
Test Questions