1 |
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
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2 |
Commodities subject to considerable price variation should best be measured by |
- A. Quantity index
- B. Price index
- C. Value index
- D. None of thes
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3 |
An index that measures the change for a fixed time period is called. |
- A. Chain base method
- B. Fixed base method
- C. Simple aggregative method
- D. Cost of living method
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4 |
Geometric mean of the relative is. |
- A. Reversible
- B. None - Reversible
- C. Both A and B
- D. None of these
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5 |
Laspeyres index number is also called as: |
- A. Base year weight index number
- B. Current year weight index number
- C. Ideal index number
- D. Fisher index number
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6 |
The weights used in a price index are. |
- A. Percentage of total price
- B. Average of prices
- C. Quantities
- D. None of these
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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
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8 |
In a fixed base method which period is taken always 100 |
- A. Preceding
- B. Following
- C. Base
- D. Current
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9 |
When all the commodities are not of equal importance, the index numbers are called. |
- A. Simple
- B. Weighted
- C. Value
- D. Un weighted
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10 |
Geometric mean is a suitable average in ______ method. |
- A. Price index
- B. Chanin bases
- C. Quantity index
- D. Index mean
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