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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
The consumer price index number is also called.
Question # 2
The volume or quantity of goods are compared by
Question # 3
Link relataives can be obtained dividing Pn by
Question # 4
The price used in the construction of consumer price index numbers are.
Question # 5
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 6
How many basic types of index numbers.
Question # 7
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 8
Commodities subject to considerable price variation should be best measured by
Question # 9
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 10
The index numbers are generally classified into ------------- types
Question # 11
In the price relative, the given year price is divided by the _________.
Question # 12
Geometric mean is a suitable average in ______ method.
Question # 13
If all values considered in calculating an index are of equal importance, the index is
Question # 14
In a fixed base method which period is taken always 100
Question # 15
An index that measures the change for a fixed time period is called.
Question # 16
Consumer price indexis obtained by.
Question # 17
Which of the following indices satisfies both the time reversal and factor reveral tests.
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 | 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
|
| 2 | Importance of commodity is its |
A. Quantity
B. Quality
C. Weight
D. Price
|
| 3 | 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
|
| 4 | In chain base method the base period is. |
A. Fixed
B. Changed
C. Constant
D. None of these
|
| 5 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 6 | Composite inde numebr involves commodities. |
A. One
B. Two
C. Three
D. More than one
|
| 7 | Base yar weighted index number are. |
A. Laspeyre's
B. Paasche's
C. Fisher's
D. C.P.I
|
| 8 | Which is the most suitabel average in chain base method. |
A. Arithemetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
| 9 | The price used in the construction of consumer price index numbers are. |
A. The retail prices
B. The fixed price
C. Thw wholsale prices
D. None of these
|
| 10 | The most suitable average for computing of index number is: |
A. A.M
B. G.M
C. Median
D. H.M
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.