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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
For computing chain index , we compute
Question # 2
The most suitable average for computing of index number is:
Question # 3
Commodities subject to considerable price variation should be best measured by
Question # 4
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 5
Geometric mean of the relative is.
Question # 6
Both quantities and prices are used in
Question # 7
An index that measures the change for a fixed time period is called.
Question # 8
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 # 9
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 10
In a fixed base method which period is taken always 100
Question # 11
The changes in whole sale or retail price are studies in
Question # 12
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 13
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 14
The index number are generally classified into ___________ types.
Question # 15
The consumer price index number is also called.
Question # 16
The weights used in a price index are.
Question # 17
While dealing with price we use ----------------- as weights
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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ICS Part 1 Statistics Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Paasche's index number is: |
A. Simple index number
B. Weighted index number
C. Un-weighted index number
D. Composite index number
|
| 2 | The price used in the construction of consumer price index numbers are. |
A. The retail prices
B. The fixed price
C. Thw wholsale prices
D. None of these
|
| 3 | To measrue how much the cost of some variable changes over time you would use. |
A. A volue inxex
B. An inflation index
C. A quantity index
D. None of these
|
| 4 | The base period in fixed bases should be________ |
A. A normal year
B. Abnormal year
C. Special
D. General
|
| 5 | Importance of commodity is its |
A. Quantity
B. Quality
C. Weight
D. Price
|
| 6 | 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
|
| 7 | Commodities subject to considerable price variation should be best measured by |
A. Quantity index
B. Price index
C. Value index
D. None of these
|
| 8 | 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
|
| 9 | The consumer price index number is also called. |
A. The cost of living index number
B. The retail price index number
C. The wholsale price index number
D. Both a and b
|
| 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.