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
In chain base method the base period is.
Question # 2
If we went to compare the prices of wheat then we have to compute.
Question # 3
Commodities subject to considerable price variation should best be measured by
Question # 4
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 5
Which index number has a wide soope
Question # 6
The most suitable average for computing of index number is:
Question # 7
For computing chain index , we compute
Question # 8
The base period in fixed base should be
Question # 9
Price of commodity in current year can be represented as
Question # 10
Circular test is satisfied by
Question # 11
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 12
Importance of commodity is its
Question # 13
Which is the most suitabel average in chain base method.
Question # 14
The change is whole sale or retail are studied ___________
Question # 15
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 16
Which is the most useful average in chain base method
Question # 17
Paasche's index is also 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 | Geometric mean is a suitable average in ______ method. |
A. Price index
B. Chanin bases
C. Quantity index
D. Index mean
|
| 2 | Circular test is satisfied by |
A. Laspeyres index
B. Paasche's index
C. Fisher's method
D. None of these
|
| 3 | In the price relative, the given year price is divided by the _________. |
A. Base year price
B. Current year price
C. Previous year price
D. None of these
|
| 4 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of these
|
| 5 | Which is the most useful average in chain base method |
A. Arithmetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
| 6 | Which of the following indices has an upward bias. |
A. Laspeyres' index
B. Paache's index
C. Fisher's index
D. None of these
|
| 7 | 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
|
| 8 | The base period in fixed base should be |
A. Current year
B. Normal year
C. Highest year
D. Lowest year
|
| 9 | Which method of construction of consumer price index number is the laspeye's index number. |
A. Aggregate expenditure method
B. Family budget method
C. Both a and b
D. None of these
|
| 10 | The changes in whole sale or retail price are studies in |
A. Price index numbers
B. Volume index numbers
C. Aggregate index numbers
D. Chain index numbers
|
Test Questions
Share your comments & questions here
Merry
28 Mar 2016This is very inf0rmative site.