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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
Which method of construction of consumer price index number is the laspeye's index number.
Question # 2
Price relatives is a ratio of current year price and.
Question # 3
Geometric mean is a suitable average in ______ method.
Question # 4
To measrue how much the cost of some variable changes over time you would use.
Question # 5
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 6
The changes in whole sale or retail price are studies in
Question # 7
An index having a wide scope is called:
Question # 8
Index for base period is always take as.
Question # 9
The index number are generally classified into ___________ types.
Question # 10
Index number are called:
Question # 11
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 12
Which of the following indices satisfies both the time reversal and factor reveral tests.
Question # 13
The change is whole sale or retail are studied ___________
Question # 14
Value of commodity can be calculate by the formula
Question # 15
The volume or quantity of goods are compared by
Question # 16
Which of the following methods uses quantities consumed in the current period when computing a weighted index.
Question # 17
The weights used in a quantity index are
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 | Composite inde numebr involves commodities. |
A. One
B. Two
C. Three
D. More than one
|
| 2 | The consumer price index number is also called. |
A. The cost of living index number
B. The retail price index number
C. The wholsale price index number
D. Both a and b
|
| 3 | Both quantities and prices are used in |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index numbers
|
| 4 | The index number are generally classified into ___________ types. |
A. Two
B. Four
C. Five
D. Three
|
| 5 | Which of the following methods uses quantities consumed in the base period when computing a weighted index. |
A. Laspeyree'method
B. Paasche's method
C. Fisher's method
D. None of these
|
| 6 | Paasche's index number is: |
A. Simple index number
B. Weighted index number
C. Un-weighted index number
D. Composite index number
|
| 7 | Paasche's index is also called |
A. Consumer price index
B. Current year price
C. Simple index
D. Cost of consumption
|
| 8 | Which of the following methods uses quantities consumed in the current period when computing a weighted index. |
A. Laspeyres' method
B. Paache's method
C. Fisher's method
D. Marshall -Edge worth's method
|
| 9 | The index numbers are generally classified into ------------- types |
A. two
B. Four
C. five
D. Three
|
| 10 | If all values considered in calculating an index are of equal importance, the index is |
A. Weighted
B. Simple
C. Un weighted
D. None of these
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.