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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
If an index numebr calculation over 8 years with a base value of 100 gave an index for 1992 of 110, what would be the percentage relative for 1993.
Question # 2
The price used in the construction of consumer price index numbers are.
Question # 3
Base yar weighted index number are.
Question # 4
The most suitable average for computing of index number is:
Question # 5
In fixed base method, the base period should be.
Question # 6
The volume or quantity of goods are compared by
Question # 7
Index number are called:
Question # 8
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 9
The base period in fixed base should be
Question # 10
Circular test is satisfied by
Question # 11
An index having a wide scope is called:
Question # 12
Index for base period is always take as.
Question # 13
Price relatives is a ratio of current year price and.
Question # 14
Value of commodity can be calculate by the formula
Question # 15
In chain base method the base period is.
Question # 16
Which index number has a wide soope
Question # 17
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
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 | Geometric mean of the relative is. |
A. Reversible
B. None - Reversible
C. Both A and B
D. None of these
|
| 2 | Which of the following methods uses quantities consumed in the base period when computing a weighted index. |
A. Laspeyree'method
B. Paasche's method
C. Fisher's method
D. None of these
|
| 3 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of thes
|
| 4 | Commodities subject to considerable price variation should be best measured by |
A. Quantity index
B. Price index
C. Value index
D. None of these
|
| 5 | 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
|
| 6 | Which of the following indices has an upward bias. |
A. Laspeyres' index
B. Paache's index
C. Fisher's index
D. None of these
|
| 7 | 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
|
| 8 | In chain base method the base period is. |
A. Fixed
B. Changed
C. Constant
D. None of these
|
| 9 | The index number given by formula Σpnqn/Σpnqn x100 is: |
A. Laspeyres index
B. The paasche's index
C. The value index
D. None of these
|
| 10 | Circular test is satisfied by |
A. Laspeyres index
B. Paasche's index
C. Fisher's method
D. None of these
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.