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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 method of construction of consumer price index number is the laspeye's index number.
Question # 2
the base period can be described as a normal period if
Question # 3
Paasche's index number is:
Question # 4
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 # 5
The index numbers are generally classified into ------------- types
Question # 6
The most suitable average for computing of index number is:
Question # 7
Which index number has a wide soope
Question # 8
Which of the following methods uses quantities consumed in the current period when computing a weighted index.
Question # 9
Which is the most useful average in chain base method
Question # 10
Theoretically best average used in the construction of composite index in
Question # 11
The change is whole sale or retail are studied ___________
Question # 12
Composite inde numebr involves commodities.
Question # 13
The volume or quantity of goods are compared by_______
Question # 14
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 15
Commodities subject to considerable price variation should best be measured by
Question # 16
Consumer price indexis obtained by.
Question # 17
The weights used in a quantity index are
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 | How many basic types of index numbers. |
A. 2
B. 3
C. 4
D. 5
|
| 2 | Circular test is satisfied by |
A. Laspeyres index
B. Paasche's index
C. Fisher's method
D. None of these
|
| 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 | In a fixed base method which period is taken always 100 |
A. Preceding
B. Following
C. Base
D. Current
|
| 5 | Index number of the year text to the base year can be shown as |
A. Qn
B. Qon
C. Q01
D. Qoi
|
| 6 | An index having a wide scope is called: |
A. Price index number
B. General purpose index number
C. Special purpose index number
D. None of these
|
| 7 | In fixed base method, the base period should be. |
A. Far away
B. Normal
C. Un reliable
D. Abnormal
|
| 8 | Both quantities and prices are used in |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index numbers
|
| 9 | Paasche's index number is: |
A. Simple index number
B. Weighted index number
C. Un-weighted index number
D. Composite index number
|
| 10 | Both quantities and prices are used in: |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index number
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.