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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
The changes in whole sale or retail price are studies in
Question # 2
The weights used in a price index are.
Question # 3
The index number given by formula Σpnqn/Σpnqn x100 is:
Question # 4
Price relatives is a ratio of current year price and.
Question # 5
Composite inde numebr involves commodities.
Question # 6
Which of the following price indices are prepared by Federal Bureau of Statistics.
Question # 7
Commodities subject to considerable price variation should best be measured by
Question # 8
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 9
The base period in fixed base should be
Question # 10
Which of the following methods uses quantities consumed in the base period when computing a weighted index.
Question # 11
Value of commodity can be calculate by the formula
Question # 12
Geometric mean is a suitable average in ______ method.
Question # 13
The change is whole sale or retail are studied ___________
Question # 14
Which of the following indices satisfies both the time reversal and factor reveral tests.
Question # 15
Index number are called:
Question # 16
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 17
In fixed base method, the base period 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 | Which index number has a wide soope |
A. Special
B. General
C. Price
D. Quantity
|
| 2 | If all the value of have equal importance,then we have to assigned certain values is such index number are called. |
A. Weighted index number
B. Un-weighted index
C. Both A and B
D. Average
|
| 3 | In the price relative, the given year price is divided by the _________. |
A. Base year price
B. Current year price
C. Previous year price
D. None of these
|
| 4 | CPI falls in the category of. |
A. A simple index
B. An aggregative
C. An inflationary index
D. Wholesale price index
|
| 5 | the base period can be described as a normal period if |
A. it is neither the peak nor the trough of a fluctuation
B. It is the most recent period for which we have data
C. It is the average of several consecutive pariods
D. None of these
|
| 6 | 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
|
| 7 | The base period in fixed base should be |
A. Current year
B. Normal year
C. Highest year
D. Lowest year
|
| 8 | Importance of commodity is its |
A. Quantity
B. Quality
C. Weight
D. Price
|
| 9 | Composite inde numebr involves commodities. |
A. One
B. Two
C. Three
D. More than one
|
| 10 | Which of the followingindices satisfies both the time reversal and factor reversal tests. |
A. Fisher's method
B. Paasche's method
C. Laspeyres method
D. None of these
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.