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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
The weights used in a quantity index are
Question # 2
Link relataives can be obtained dividing Pn by
Question # 3
Laspeyres index number is also called as:
Question # 4
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 5
Index for base period is always take as.
Question # 6
Which is the most useful average in chain base method
Question # 7
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
Question # 8
The weights used in a price index are.
Question # 9
Both quantities and prices are used in
Question # 10
For computing chain index , we compute
Question # 11
Price relatives is a ratio of current year price and.
Question # 12
When all the commodities are not of equal importance, the index numbers are called.
Question # 13
An index that measures the change for a fixed time period is called.
Question # 14
In the price relative, the given year price is divided by the _________.
Question # 15
Consumer price indexis obtained by.
Question # 16
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 17
If all values considered in calculating an index are of equal importance, the index is
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 | An index having a wide scope is called: |
A. Price index number
B. General purpose index number
C. Special purpose index number
D. None of these
|
| 2 | If all the value of have equal importance,then we have to assigned certain values is such index number are called. |
A. Weighted index number
B. Un-weighted index
C. Both A and B
D. Average
|
| 3 | Paasche's index number is: |
A. Simple index number
B. Weighted index number
C. Un-weighted index number
D. Composite index number
|
| 4 | 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
|
| 5 | CPI falls in the category of. |
A. A simple index
B. An aggregative
C. An inflationary index
D. Wholesale price index
|
| 6 | 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
|
| 7 | How many basic types of index numbers. |
A. 2
B. 3
C. 4
D. 5
|
| 8 | 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
|
| 9 | 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
|
| 10 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.