Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
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"
-
Total Questions17
-
Time Allowed20
Statistics Ics Part 1 Chapter 5 Online Test
00:00
Question # 1
Which of the following methods uses quantities consumed in the current period when computing a weighted index.
Question # 2
Laspeyres index number is also called as:
Question # 3
The index number given by formula Σpnqn/Σpnqn x100 is:
Question # 4
Price of commodity in current year can be represented as
Question # 5
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 6
The weights used in a quantity index are
Question # 7
CPI falls in the category of.
Question # 8
Index number are called:
Question # 9
Commodities subject to considerable price variation should be best measured by
Question # 10
Price relatives is a ratio of current year price and.
Question # 11
Consumer price indexis obtained by.
Question # 12
To measrue how much the cost of some variable changes over time you would use.
Question # 13
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 14
The index numbers are generally classified into ------------- types
Question # 15
Which method of construction of consumer price index number is the laspeye's index number.
Question # 16
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 17
Value of commodity can be calculate by the formula
ICS Part 1 Statistics Chapter 5 MCQs Test
Top Scorers Of Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test" MCQ`s Test
-
A Areeha Waheed 13 - Jul - 2024 00 Min 49 Sec 17/17 -
U Ubaid Raza 10 - Sep - 2024 01 Min 33 Sec 17/17 -
M Maryam Ijaz 20 - Oct - 2024 00 Min 01 Sec 16/17 -
M Muhammad boota 11 - Jan - 2024 04 Min 27 Sec 15/17 -
G Ghazala Yasmeen 13 - Nov - 2024 03 Min 55 Sec 14/17 -
R Raheema Fayyaz 15 - Jan - 2024 06 Min 09 Sec 14/17 -
A Ammara 13 - May - 2024 02 Min 13 Sec 13/17 -
M muhammad Saad 21 - Apr - 2024 03 Min 04 Sec 13/17 -
M Muhammad Ali 02 - Jun - 2024 03 Min 36 Sec 13/17 -
U Umm-e-hani Hani 29 - Feb - 2024 05 Min 01 Sec 13/17 -
B Babogujjar 08 - Dec - 2024 05 Min 30 Sec 13/17 -
K Kashif Zaidi 09 - Sep - 2024 06 Min 21 Sec 13/17 -
U Umair 17 - Apr - 2024 07 Min 13 Sec 13/17 -
H HAROON ZUBAIR 23 - Oct - 2023 04 Min 31 Sec 12/17 -
E Esha Hanif 24 - Jun - 2024 04 Min 38 Sec 12/17
ICS Part 1 Statistics Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Which of the following indices satisfies both the time reversal and factor reveral tests. |
A. Laspeyres' index
B. Fisher's index
C. Paasche's index
D. Marshall -edge worth
|
| 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
|
| 3 | If we went to compare the prices of wheat then we have to compute. |
A. Price index number
B. Quantity index number
C. Volume index number
D. Both B and C
|
| 4 | Both quantities and prices are used in |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index numbers
|
| 5 | 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
|
| 6 | The weights used in a quantity index are |
A. Percentage of total quantity
B. Prices
C. Average of quantities
D. None of these
|
| 7 | Which of the following indices has an upward bias. |
A. Laspeyres' index
B. Paache's index
C. Fisher's index
D. None of these
|
| 8 | 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
|
| 9 | In a fixed base method which period is taken always 100 |
A. Preceding
B. Following
C. Base
D. Current
|
| 10 | The index numbers are generally classified into ------------- types |
A. two
B. Four
C. five
D. Three
|
Test Questions