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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 for base period is always take as.
Question # 2
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 3
Paasche's index is also called
Question # 4
Price relatives is a ratio of current year price and.
Question # 5
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
Question # 6
Commodities subject to considerable price variation should be best measured by
Question # 7
Index number of the year text to the base year can be shown as
Question # 8
Composite inde numebr involves commodities.
Question # 9
Which is the most suitabel average in chain base method.
Question # 10
Importance of commodity is its
Question # 11
An index that measures the change for a fixed time period is called.
Question # 12
Which is the most useful average in chain base method
Question # 13
The index number are generally classified into ___________ types.
Question # 14
Circular test is satisfied by
Question # 15
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 16
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 17
Which index number has a wide soope
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 | The most suitable average for computing of index number is: |
A. A.M
B. G.M
C. Median
D. H.M
|
| 2 | How many basic types of index numbers. |
A. 2
B. 3
C. 4
D. 5
|
| 3 | Which of the following price indices are prepared by Federal Bureau of Statistics. |
A. Wholesale price index
B. Consumer price index
C. Sensitive price indicator
D. All of these
|
| 4 | Which of the following indices has an upward bias. |
A. Laspeyres' index
B. Paache's index
C. Fisher's index
D. None of these
|
| 5 | Geometric mean of the relative is. |
A. Reversible
B. None - Reversible
C. Both A and B
D. None of these
|
| 6 | 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
|
| 7 | Which index number has a wide soope |
A. Special
B. General
C. Price
D. Quantity
|
| 8 | the base period can be described as a normal period if |
A. it is neither the peak nor the trough of a fluctuation
B. It is the most recent period for which we have data
C. It is the average of several consecutive pariods
D. None of these
|
| 9 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 10 | The base period in fixed bases should be________ |
A. A normal year
B. Abnormal year
C. Special
D. General
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.