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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
Index number are called:
Question # 2
Geometric mean is a suitable average in ______ method.
Question # 3
In the price relative, the given year price is divided by the _________.
Question # 4
Circular test is satisfied by
Question # 5
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 6
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 7
The index numbers are generally classified into ------------- types
Question # 8
The weights used in a price index are.
Question # 9
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 10
The changes in whole sale or retail price are studies in
Question # 11
Both quantities and prices are used in
Question # 12
Which is the most suitabel average in chain base method.
Question # 13
The base period in fixed bases should be________
Question # 14
Consumer price indexis obtained by.
Question # 15
In a fixed base method which period is taken always 100
Question # 16
Laspeyres index number is also called as:
Question # 17
the base period can be described as a normal period if
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 | If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is. |
A. 100
B. 200
C. Zero
D. 1000
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| 2 | Base yar weighted index number are. |
A. Laspeyre's
B. Paasche's
C. Fisher's
D. C.P.I
|
| 3 | Which is the most suitabel average in chain base method. |
A. Arithemetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
| 4 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 5 | Price of commodity in current year can be represented as |
A. Poi
B. Pon
C. Pn
D. Pi
|
| 6 | 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
|
| 7 | 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
|
| 8 | For computing chain index , we compute |
A. Price relative
B. Link relative
C. Weighted indices
D. None of these
|
| 9 | If all the values considered in calculating an inxed are of equal importance, teh index is. |
A. Weighted
B. Simple
C. Un weighted
D. None of these
|
| 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