Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
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"
-
Total Questions17
-
Time Allowed20
Statistics Ics Part 1 Chapter 5 Online Test
00:00
Question # 1
Commodities subject to considerable price variation should best be measured by
Question # 2
Link relataives can be obtained dividing Pn by
Question # 3
An index having a wide scope is called:
Question # 4
The volume or quantity of goods are compared by_______
Question # 5
Price of commodity in current year can be represented as
Question # 6
Which is the most useful average in chain base method
Question # 7
The index number given by formula Σpnqn/Σpnqn x100 is:
Question # 8
In fixed base method, the base period should be.
Question # 9
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 10
Theoretically best average used in the construction of composite index in
Question # 11
Circular test is satisfied by
Question # 12
Index for base period is always take as.
Question # 13
If all values considered in calculating an index are of equal importance, the index is
Question # 14
For computing chain index , we compute
Question # 15
In chain base method the base period is.
Question # 16
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
Question # 17
An index that measures the change for a fixed time period is called.
ICS Part 1 Statistics Chapter 5 MCQs Test
Top Scorers Of Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test" MCQ`s Test
-
A Areeha Waheed 13 - Jul - 2024 00 Min 49 Sec 17/17 -
U Ubaid Raza 10 - Sep - 2024 01 Min 33 Sec 17/17 -
M Maryam Ijaz 20 - Oct - 2024 00 Min 01 Sec 16/17 -
M Muhammad boota 11 - Jan - 2024 04 Min 27 Sec 15/17 -
G Ghazala Yasmeen 13 - Nov - 2024 03 Min 55 Sec 14/17 -
R Raheema Fayyaz 15 - Jan - 2024 06 Min 09 Sec 14/17 -
A Abdullah Safdar 17 - Jun - 2026 02 Min 13 Sec 13/17 -
A Ammara 13 - May - 2024 02 Min 13 Sec 13/17 -
M muhammad Saad 21 - Apr - 2024 03 Min 04 Sec 13/17 -
M Muhammad Ali 02 - Jun - 2024 03 Min 36 Sec 13/17 -
U Umm-e-hani Hani 29 - Feb - 2024 05 Min 01 Sec 13/17 -
B Babogujjar 08 - Dec - 2024 05 Min 30 Sec 13/17 -
K Kashif Zaidi 09 - Sep - 2024 06 Min 21 Sec 13/17 -
U Umair 17 - Apr - 2024 07 Min 13 Sec 13/17 -
H HAROON ZUBAIR 23 - Oct - 2023 04 Min 31 Sec 12/17
ICS Part 1 Statistics Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | 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
|
| 2 | 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
|
| 3 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 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 | Which index numbers are used to measure the buying power of the money |
A. Wholesale Price index number
B. Money index number
C. Simple index number
D. Price index number
|
| 6 | 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
|
| 7 | Index number are called: |
A. Mathematical barometer
B. Economic barometer
C. Statistical barometer
D. Both A and C
|
| 8 | While dealing with price we use ----------------- as weights |
A. Quantity
B. Quality
C. Volume
D. Both (b) and (c)
|
| 9 | Both quantities and prices are used in |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index numbers
|
| 10 | The base period in fixed bases should be________ |
A. A normal year
B. Abnormal year
C. Special
D. General
|
Test Questions
Share your comments & questions here
Merry
28 Mar 2016This is very inf0rmative site.