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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 all values considered in calculating an index are of equal importance, the index is
Question # 2
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 3
Price relatives is a ratio of current year price and.
Question # 4
To measrue how much the cost of some variable changes over time you would use.
Question # 5
The price used in the construction of consumer price index numbers are.
Question # 6
Geometric mean of the relative is.
Question # 7
the base period can be described as a normal period if
Question # 8
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 9
The weights used in a price index are.
Question # 10
If all the value of have equal importance,then we have to assigned certain values is such index number are called.
Question # 11
CPI falls in the category of.
Question # 12
Commodities subject to considerable price variation should best be measured by
Question # 13
The index numbers are generally classified into ------------- types
Question # 14
Which is the most useful average in chain base method
Question # 15
The index number given by formula Σpnqn/Σpnqn x100 is:
Question # 16
Paasche's index number is:
Question # 17
Which index number has a wide soope
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 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
|
| 2 | Circular test is satisfied by |
A. Laspeyres index
B. Paasche's index
C. Fisher's method
D. None of these
|
| 3 | Which of the following price indices are prepared by Federal Bureau of Statistics. |
A. Wholesale price index
B. Consumer price index
C. Sensitive price indicator
D. All of these
|
| 4 | Index number are called: |
A. Mathematical barometer
B. Economic barometer
C. Statistical barometer
D. Both A and C
|
| 5 | The volume or quantity of goods are compared by_______ |
A. Price index number
B. Volume index number
C. Quantity
D. None of these
|
| 6 | Paasche's index is also called |
A. Consumer price index
B. Current year price
C. Simple index
D. Cost of consumption
|
| 7 | 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
|
| 8 | Link relataives can be obtained dividing Pn by |
A. Po
B. P n-1
C. qo
D. qn-1
|
| 9 | Which index number has a wide soope |
A. Special
B. General
C. Price
D. Quantity
|
| 10 | Index number of the year text to the base year can be shown as |
A. Qn
B. Qon
C. Q01
D. Qoi
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.