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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
Index for base period is always take as.
Question # 3
To measrue how much the cost of some variable changes over time you would use.
Question # 4
Which method of construction of consumer price index number is the laspeye's index number.
Question # 5
CPI falls in the category of.
Question # 6
Importance of commodity is its
Question # 7
Paasche's index is also called
Question # 8
The base period in fixed bases should be________
Question # 9
Which of the following methods uses quantities consumed in the current period when computing a weighted index.
Question # 10
The consumer price index number is also called.
Question # 11
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 12
The base period in fixed base should be
Question # 13
The weights used in a quantity index are
Question # 14
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 15
Theoretically best average used in the construction of composite index in
Question # 16
Circular test is satisfied by
Question # 17
Price relatives is a ratio of current year price and.
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 | Index number of the year text to the base year can be shown as |
A. Qn
B. Qon
C. Q01
D. Qoi
|
| 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 | 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
|
| 4 | 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
|
| 5 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 6 | 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
|
| 7 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of these
|
| 8 | Which ofthe following methods uses quantities consumed in the current period when computing a weighted index. |
A. Laspeyres method
B. Marshall -Edge worth's methods
C. Peasche's method
D. Fisher's method
|
| 9 | An index that measures the change for a fixed time period is called. |
A. Chain base method
B. Fixed base method
C. Simple aggregative method
D. Cost of living method
|
| 10 | 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
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.