11th class Statistics chapter 5 online mcq test with answers for ICS part 1 Statistics chapter 5(Index Numbers)

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

ICS Part 1 Statistics Chapter 5 Test

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ICS Part 1 Statistics Chapter Wise Test

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ICS Part 1 Statistics Chapter 5 Important MCQ's

Sr.#	Question	Answer
1	CPI falls in the category of.	A. A simple index B. An aggregative C. An inflationary index D. Wholesale price index
2	Commodities subject to considerable price variation should best be measured by	A. Quantity index B. Price index C. Value index D. None of thes
3	The volume or quantity of goods are compared by	A. Price index numbers B. Relative index numbers C. Volume index numbers D. Paasche's index
4	The price used in the construction of consumer price index numbers are.	A. The retail prices B. The fixed price C. Thw wholsale prices D. None of these
5	Both quantities and prices are used in:	A. Link relatives B. Chain relatives C. Average of relatives D. Aggregative index number
6	Price of commodity in current year can be represented as	A. P_oi B. P_on C. P_n D. P_i
7	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
8	The changes in whole sale or retail price are studies in	A. Price index numbers B. Volume index numbers C. Aggregate index numbers D. Chain index numbers
9	Commodities subject to considerable price variation should be best measured by	A. Quantity index B. Price index C. Value index D. None of these
10		A. The Laspeyres index B. The Paasches index C. The value index D. None of these

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First Year ICS Statistics Chapter 5 Online MCQ Test (Index Numbers)

ICS Part 1 Statistics Chapter 5 Test

ICS Part 1 Statistics Chapter Wise Test

MCQ's Test For Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test"

Statistics Ics Part 1 Chapter 5 Online Test

If all the value of have equal importance,then we have to assigned certain values is such index number are called.

Paasche's index number is:

The base period in fixed bases should be________

While dealing with price we use ----------------- as weights

The change is whole sale or retail are studied ___________

Consumer price indexis obtained by.

Commodities subject to considerable price variation should best be measured by

If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.

When the base year values are used as weights, the weighted average of relatives price index is the same as.

The weights used in a price index are.

If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:

Price of commodity in current year can be represented as

Geometric mean of the relative is.

The consumer price index number is also called.

Base yar weighted index number are.

In fixed base method, the base period should be.

An index that measures the change for a fixed time period is called.

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ICS Part 1 Statistics Chapter 5 MCQs Test

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ICS Part 1 Statistics Chapter 5 Important MCQ's

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