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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
Price of commodity in current year can be represented as
Question # 3
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 4
The index number are generally classified into ___________ types.
Question # 5
If all values considered in calculating an index are of equal importance, the index is
Question # 6
The index numbers are generally classified into ------------- types
Question # 7
An index having a wide scope is called:
Question # 8
To measrue how much the cost of some variable changes over time you would use.
Question # 9
The consumer price index number is also called.
Question # 10
The most suitable average for computing of index number is:
Question # 11
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 12
Which index number has a wide soope
Question # 13
Which of the following indices has an upward bias.
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
In fixed base method, the base period should be.
Question # 16
Value of commodity can be calculate by the formula
Question # 17
Circular test is satisfied by
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 is the most suitabel average in chain base method. |
A. Arithemetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
| 2 | 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
|
| 3 | Index number of the year text to the base year can be shown as |
A. Qn
B. Qon
C. Q01
D. Qoi
|
| 4 | 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
|
| 5 | 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
|
| 6 | Importance of commodity is its |
A. Quantity
B. Quality
C. Weight
D. Price
|
| 7 | The index number are generally classified into ___________ types. |
A. Two
B. Four
C. Five
D. Three
|
| 8 | 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
|
| 9 | Which index numbers are used to measure the buying power of the money |
A. Wholesale Price index number
B. Money index number
C. Simple index number
D. Price index number
|
| 10 | 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
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.