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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
In fixed base method, the base period should be.
Question # 3
Index for base period is always take as.
Question # 4
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 5
the base period can be described as a normal period if
Question # 6
Geometric mean of the relative is.
Question # 7
Paasche's index is also called
Question # 8
Which is the most useful average in chain base method
Question # 9
The index number are generally classified into ___________ types.
Question # 10
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 11
The most suitable average for computing of index number is:
Question # 12
Which is the most suitabel average in chain base method.
Question # 13
Which of the following indices has an upward bias.
Question # 14
Price relatives is a ratio of current year price and.
Question # 15
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 16
Commodities subject to considerable price variation should be best measured by
Question # 17
Composite inde numebr involves commodities.
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 | Which method of construction of consumer price index number is the laspeye's index number. |
A. Aggregate expenditure method
B. Family budget method
C. Both a and b
D. None of these
|
| 2 | Link relataives can be obtained dividing Pn by |
A. Po
B. P n-1
C. qo
D. qn-1
|
| 3 | 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
|
| 4 | Geometric mean is a suitable average in ______ method. |
A. Price index
B. Chanin bases
C. Quantity index
D. Index mean
|
| 5 | If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to: |
A. 100
B. 104.1
C. 106.2
D. 110.2
|
| 6 | While dealing with price we use ----------------- as weights |
A. Quantity
B. Quality
C. Volume
D. Both (b) and (c)
|
| 7 | Laspeyres index number is also called as: |
A. Base year weight index number
B. Current year weight index number
C. Ideal index number
D. Fisher index number
|
| 8 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of thes
|
| 9 | In chain base method the base period is. |
A. Fixed
B. Changed
C. Constant
D. None of these
|
| 10 | The base period in fixed base should be |
A. Current year
B. Normal year
C. Highest year
D. Lowest year
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.