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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
Paasche's index number is:
Question # 2
Which of the following indices has an upward bias.
Question # 3
Consumer price indexis obtained by.
Question # 4
For computing chain index , we compute
Question # 5
The base period in fixed bases should be________
Question # 6
Both quantities and prices are used in:
Question # 7
The change is whole sale or retail are studied ___________
Question # 8
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 9
The index numbers are generally classified into ------------- types
Question # 10
In the price relative, the given year price is divided by the _________.
Question # 11
To measrue how much the cost of some variable changes over time you would use.
Question # 12
Geometric mean is a suitable average in ______ method.
Question # 13
Laspeyres index number is also called as:
Question # 14
In fixed base method, the base period should be.
Question # 15
Which index number has a wide soope
Question # 16
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 17
An index having a wide scope is called:
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 | When all the commodities are not of equal importance, the index numbers are called. |
A. Simple
B. Weighted
C. Value
D. Un weighted
|
| 2 | Which ofthe following methods uses quantities consumed in the current period when computing a weighted index. |
A. Laspeyres method
B. Marshall -Edge worth's methods
C. Peasche's method
D. Fisher's method
|
| 3 | Geometric mean is a suitable average in ______ method. |
A. Price index
B. Chanin bases
C. Quantity index
D. Index mean
|
| 4 | Both quantities and prices are used in: |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index number
|
| 5 | 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
|
| 6 | Price of commodity in current year can be represented as |
A. Poi
B. Pon
C. Pn
D. Pi
|
| 7 | The weights used in a quantity index are |
A. Percentage of total quantity
B. Prices
C. Average of quantities
D. None of these
|
| 8 | Price relatives is a ratio of current year price and. |
A. Base year quantity
B. Previous year quantity
C. Base year price
D. Current year quantity
|
| 9 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 10 | CPI falls in the category of. |
A. A simple index
B. An aggregative
C. An inflationary index
D. Wholesale price index
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.