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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 Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 2
Index for base period is always take as.
Question # 3
Both quantities and prices are used in:
Question # 4
The index number given by formula Σpnqn/Σpnqn x100 is:
Question # 5
Commodities subject to considerable price variation should best be measured by
Question # 6
Geometric mean is a suitable average in ______ method.
Question # 7
The base period in fixed base should be
Question # 8
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 9
The changes in whole sale or retail price are studies in
Question # 10
For computing chain index , we compute
Question # 11
The index numbers are generally classified into ------------- types
Question # 12
In a fixed base method which period is taken always 100
Question # 13
In fixed base method, the base period should be.
Question # 14
Importance of commodity is its
Question # 15
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
Question # 16
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 17
How many basic types of index numbers.
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 change is whole sale or retail are studied ___________ |
A. Price index number
B. Quantity index number
C. Volume index number
D. None of these
|
| 2 | 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
|
| 3 | Index number of the year text to the base year can be shown as |
A. Qn
B. Qon
C. Q01
D. Qoi
|
| 4 | Theoretically best average used in the construction of composite index in |
A. The arithmetic mean
B. The geometric mean
C. The median
D. The harmonic mean
|
| 5 | Link relataives can be obtained dividing Pn by |
A. Po
B. P n-1
C. qo
D. qn-1
|
| 6 | Paasche's index is also called |
A. Consumer price index
B. Current year price
C. Simple index
D. Cost of consumption
|
| 7 | The index number are generally classified into ___________ types. |
A. Two
B. Four
C. Five
D. Three
|
| 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 | Circular test is satisfied by |
A. Laspeyres index
B. Paasche's index
C. Fisher's method
D. None of these
|
| 10 | 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. |
A. 90.0
B. 13.75
C. 880
D. 110
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.