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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 the values considered in calculating an inxed are of equal importance, teh index is.
Question # 2
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 3
If all the value of have equal importance,then we have to assigned certain values is such index number are called.
Question # 4
Index number of the year text to the base year can be shown as
Question # 5
Value of commodity can be calculate by the formula
Question # 6
Which of the following indices has an upward bias.
Question # 7
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 8
Which index number has a wide soope
Question # 9
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 10
Link relataives can be obtained dividing Pn by
Question # 11
Consumer price indexis obtained by.
Question # 12
Which of the following indices satisfies both the time reversal and factor reveral tests.
Question # 13
Which index numbers are used to measure the buying power of the money
Question # 14
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
Question # 15
The changes in whole sale or retail price are studies in
Question # 16
The volume or quantity of goods are compared by_______
Question # 17
CPI falls in the category of.
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 change is whole sale or retail are studied ___________ |
A. Price index number
B. Quantity index number
C. Volume index number
D. None of these
|
| 2 | In chain base method the base period is. |
A. Fixed
B. Changed
C. Constant
D. None of these
|
| 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 | If an index numebr calculation over 8 years with a base value of 100 gave an index for 1992 of 110, what would be the percentage relative for 1993. |
A. 90.0
B. 13.75
C. 880
D. 110
|
| 5 | 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
|
| 6 | The base period in fixed bases should be________ |
A. A normal year
B. Abnormal year
C. Special
D. General
|
| 7 | Which ofthe following methods uses quantities consumed in the current period when computing a weighted index. |
A. Laspeyres method
B. Marshall -Edge worth's methods
C. Peasche's method
D. Fisher's method
|
| 8 | The index number are generally classified into ___________ types. |
A. Two
B. Four
C. Five
D. Three
|
| 9 | Circular test is satisfied by |
A. Laspeyres index
B. Paasche's index
C. Fisher's method
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.