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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 all the value of have equal importance,then we have to assigned certain values is such index number are called.
Question # 2
The index number given by formula Σpnqn/Σpnqn x100 is:
Question # 3
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 4
Base yar weighted index number are.
Question # 5
Which of the following indices satisfies both the time reversal and factor reveral tests.
Question # 6
If we went to compare the prices of wheat then we have to compute.
Question # 7
the base period can be described as a normal period if
Question # 8
If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:
Question # 9
If all values considered in calculating an index are of equal importance, the index is
Question # 10
The changes in whole sale or retail price are studies in
Question # 11
Index for base period is always take as.
Question # 12
In fixed base method, the base period should be.
Question # 13
Consumer price indexis obtained by.
Question # 14
When the base year values are used as weights, the weighted average of relatives price index is the same as.
Question # 15
Commodities subject to considerable price variation should best be measured by
Question # 16
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 17
Which of the following price indices are prepared by Federal Bureau of Statistics.
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 | Which index number has a wide soope |
A. Special
B. General
C. Price
D. Quantity
|
| 2 | If all values considered in calculating an index are of equal importance, the index is |
A. Weighted
B. Simple
C. Un weighted
D. None of these
|
| 3 | 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
|
| 4 | Value of commodity can be calculate by the formula |
A. Po x Pn
B. Price x volume
C.
D. Price x quantity
|
| 5 | If all the value of have equal importance,then we have to assigned certain values is such index number are called. |
A. Weighted index number
B. Un-weighted index
C. Both A and B
D. Average
|
| 6 | 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
|
| 7 | Both quantities and prices are used in |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index numbers
|
| 8 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of these
|
| 9 | The base period in fixed bases should be________ |
A. A normal year
B. Abnormal year
C. Special
D. General
|
| 10 | When the base year values are used as weights, the weighted average of relatives price index is the same as. |
A. the paache's index
B. The laspeyres index
C. The unweighted average of relatives price index
D. None of these
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.