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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 is also called
Question # 2
The index number are generally classified into ___________ types.
Question # 3
Consumer price indexis obtained by.
Question # 4
Base yar weighted index number are.
Question # 5
To measrue how much the cost of some variable changes over time you would use.
Question # 6
The most suitable average for computing of index number is:
Question # 7
The price used in the construction of consumer price index numbers are.
Question # 8
Commodities subject to considerable price variation should be best measured by
Question # 9
In the price relative, the given year price is divided by the _________.
Question # 10
Which of the following methods uses quantities consumed in the base period when computing a weighted index.
Question # 11
Which is the most suitabel average in chain base method.
Question # 12
The weights used in a quantity index are
Question # 13
The index numbers are generally classified into ------------- types
Question # 14
The consumer price index number is also called.
Question # 15
Which is the most useful average in chain base method
Question # 16
If we went to compare the prices of wheat then we have to compute.
Question # 17
The base period in fixed base should be
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 | To measrue how much the cost of some variable changes over time you would use. |
A. A volue inxex
B. An inflation index
C. A quantity index
D. None of these
|
| 2 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of these
|
| 3 | Geometric mean of the relative is. |
A. Reversible
B. None - Reversible
C. Both A and B
D. None of these
|
| 4 | In fixed base method, the base period should be. |
A. Far away
B. Normal
C. Un reliable
D. Abnormal
|
| 5 | CPI falls in the category of. |
A. A simple index
B. An aggregative
C. An inflationary index
D. Wholesale price index
|
| 6 | Both quantities and prices are used in |
A. Link relatives
B. Chain relatives
C. Average of relatives
D. Aggregative index numbers
|
| 7 | 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
|
| 8 | 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
|
| 9 | When all the commodities are not of equal importance, the index numbers are called. |
A. Simple
B. Weighted
C. Value
D. Un weighted
|
| 10 | 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
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.