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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
Composite inde numebr involves commodities.
Question # 2
the base period can be described as a normal period if
Question # 3
Value of commodity can be calculate by the formula
Question # 4
Index for base period is always take as.
Question # 5
If all the value of have equal importance,then we have to assigned certain values is such index number are called.
Question # 6
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 7
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 8
The changes in whole sale or retail price are studies in
Question # 9
The consumer price index number is also called.
Question # 10
To measrue how much the cost of some variable changes over time you would use.
Question # 11
The index number are generally classified into ___________ types.
Question # 12
Commodities subject to considerable price variation should best be measured by
Question # 13
If we went to compare the prices of wheat then we have to compute.
Question # 14
In fixed base method, the base period should be.
Question # 15
Which of the following indices has an upward bias.
Question # 16
While dealing with price we use ----------------- as weights
Question # 17
Theoretically best average used in the construction of composite index in
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 |
|
A. The Laspeyres index
B. The Paasches index
C. The value index
D. None of these
|
| 2 | The volume or quantity of goods are compared by_______ |
A. Price index number
B. Volume index number
C. Quantity
D. None of these
|
| 3 | Link relataives can be obtained dividing Pn by |
A. Po
B. P n-1
C. qo
D. qn-1
|
| 4 | Which is the most suitabel average in chain base method. |
A. Arithemetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
| 5 | Index number are called: |
A. Mathematical barometer
B. Economic barometer
C. Statistical barometer
D. Both A and C
|
| 6 | Paasche's index is also called |
A. Consumer price index
B. Current year price
C. Simple index
D. Cost of consumption
|
| 7 | Paasche's index number is: |
A. Simple index number
B. Weighted index number
C. Un-weighted index number
D. Composite index number
|
| 8 | 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
|
| 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 | 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
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.