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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
Laspeyres index number is also called as:
Question # 2
The weights used in a quantity index are
Question # 3
An index having a wide scope is called:
Question # 4
Index number of the year text to the base year can be shown as
Question # 5
the base period can be described as a normal period if
Question # 6
Which index numbers are used to measure the buying power of the money
Question # 7
While dealing with price we use ----------------- as weights
Question # 8
Commodities subject to considerable price variation should best be measured by
Question # 9
An index that measures the change for a fixed time period is called.
Question # 10
Value of commodity can be calculate by the formula
Question # 11
Which is the most suitabel average in chain base method.
Question # 12
How many basic types of index numbers.
Question # 13
In a fixed base method which period is taken always 100
Question # 14
Composite inde numebr involves commodities.
Question # 15
Paasche's index number is:
Question # 16
Both quantities and prices are used in:
Question # 17
Consumer price indexis obtained by.
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 | Importance of commodity is its |
A. Quantity
B. Quality
C. Weight
D. Price
|
| 2 | 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
|
| 3 | Geometric mean is a suitable average in ______ method. |
A. Price index
B. Chanin bases
C. Quantity index
D. Index mean
|
| 4 | 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
|
| 5 | Both quantities and prices are used in: |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index number
|
| 6 | If all the values considered in calculating an inxed are of equal importance, teh index is. |
A. Weighted
B. Simple
C. Un weighted
D. None of these
|
| 7 | Which method of construction of consumer price index number is the laspeye's index number. |
A. Aggregate expenditure method
B. Family budget method
C. Both a and b
D. None of these
|
| 8 | The weights used in a quantity index are |
A. Percentage of total quantity
B. Prices
C. Average of quantities
D. None of these
|
| 9 | Which index number has a wide soope |
A. Special
B. General
C. Price
D. Quantity
|
| 10 | The volume or quantity of goods are compared by |
A. Price index numbers
B. Relative index numbers
C. Volume index numbers
D. Paasche's index
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.