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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
Importance of commodity is its
Question # 2
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 3
Paasche's index number is:
Question # 4
The base period in fixed base should be
Question # 5
The volume or quantity of goods are compared by_______
Question # 6
Which of the following indices satisfies both the time reversal and factor reveral tests.
Question # 7
Which is the most suitabel average in chain base method.
Question # 8
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 9
When all the commodities are not of equal importance, the index numbers are called.
Question # 10
Link relataives can be obtained dividing Pn by
Question # 11
Commodities subject to considerable price variation should best be measured by
Question # 12
The most suitable average for computing of index number is:
Question # 13
The base period in fixed bases should be________
Question # 14
The change is whole sale or retail are studied ___________
Question # 15
If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:
Question # 16
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 17
Which is the most useful average in chain base method
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 | Paasche's index is also called |
A. Consumer price index
B. Current year price
C. Simple index
D. Cost of consumption
|
| 2 | If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to: |
A. 100
B. 104.1
C. 106.2
D. 110.2
|
| 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 | The most suitable average for computing of index number is: |
A. A.M
B. G.M
C. Median
D. H.M
|
| 5 | In a fixed base method which period is taken always 100 |
A. Preceding
B. Following
C. Base
D. Current
|
| 6 | 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
|
| 7 | the base period can be described as a normal period if |
A. it is neither the peak nor the trough of a fluctuation
B. It is the most recent period for which we have data
C. It is the average of several consecutive pariods
D. None of these
|
| 8 | Base yar weighted index number are. |
A. Laspeyre's
B. Paasche's
C. Fisher's
D. C.P.I
|
| 9 | Which index number has a wide soope |
A. Special
B. General
C. Price
D. Quantity
|
| 10 | Which of the following price indices are prepared by Federal Bureau of Statistics. |
A. Wholesale price index
B. Consumer price index
C. Sensitive price indicator
D. All of these
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.