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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
If all values considered in calculating an index are of equal importance, the index is
Question # 2
The volume or quantity of goods are compared by_______
Question # 3
Importance of commodity is its
Question # 4
The base period in fixed bases should be________
Question # 5
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 6
Price relatives is a ratio of current year price and.
Question # 7
The weights used in a quantity index are
Question # 8
Link relataives can be obtained dividing Pn by
Question # 9
the base period can be described as a normal period if
Question # 10
Price of commodity in current year can be represented as
Question # 11
Index number of the year text to the base year can be shown as
Question # 12
The index number given by formula Σpnqn/Σpnqn x100 is:
Question # 13
If an index numebr calculation over 8 years with a base value of 100 gave an index for 1992 of 110, what would be the percentage relative for 1993.
Question # 14
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 15
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
Question # 16
The base period in fixed base should be
Question # 17
Which of the followingindices satisfies both the time reversal and factor reversal 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 | 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
|
| 2 | Link relataives can be obtained dividing Pn by |
A. Po
B. P n-1
C. qo
D. qn-1
|
| 3 | Base yar weighted index number are. |
A. Laspeyre's
B. Paasche's
C. Fisher's
D. C.P.I
|
| 4 | Which index numbers are used to measure the buying power of the money |
A. Wholesale Price index number
B. Money index number
C. Simple index number
D. Price index number
|
| 5 | The base period in fixed base should be |
A. Current year
B. Normal year
C. Highest year
D. Lowest year
|
| 6 | For computing chain index , we compute |
A. Price relative
B. Link relative
C. Weighted indices
D. None of these
|
| 7 | 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
|
| 8 | Importance of commodity is its |
A. Quantity
B. Quality
C. Weight
D. Price
|
| 9 | The index number given by formula Σpnqn/Σpnqn x100 is: |
A. Laspeyres index
B. The paasche's index
C. The value index
D. None of these
|
| 10 | 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
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.