Question # 1

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

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Weighted index number

Un-weighted index

Both A and B

Average

Which of the followingindices satisfies both the time reversal and factor reversal tests.

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Fisher's method

Paasche's method

Laspeyres method

None of these

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.

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90.0

13.75

880

110

Base yar weighted index number are.

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Laspeyre's

Paasche's

Fisher's

C.P.I

Price relatives is a ratio of current year price and.

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Base year quantity

Previous year quantity

Base year price

Current year quantity

Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.

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Laspeyres method

Marshall -Edge worth's methods

Peasche's method

Fisher's method

Which of the followingindices satisfies both the time reversal and factor reversal tests.

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Fisher's method

Paasche's method

Laspeyres method

None of these

CPI falls in the category of.

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A simple index

An aggregative

An inflationary index

Wholesale price index

Paasche's index is also called

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Consumer price index

Current year price

Simple index

Cost of consumption

the base period can be described as a normal period if

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it is neither the peak nor the trough of a fluctuation

It is the most recent period for which we have data

It is the average of several consecutive pariods

None of these

The consumer price index number is also called.

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The cost of living index number

The retail price index number

The wholsale price index number

Both a and b

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

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the paache's index

The laspeyres index

The unweighted average of relatives price index

None of these

The index numbers are generally classified into ------------- types

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two

Four

five

Three

For computing chain index , we compute

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Price relative

Link relative

Weighted indices

None of these

Index number of the year text to the base year can be shown as

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Q_n

Q_on

Q₀₁

Q_oi

Importance of commodity is its

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Quantity

Quality

Weight

Price

If an unweighed average of revalives index pn/po x 100 is calculated for each product in the compostive, what is then done with these values to finish the calculation.

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The values are multiplied together.

The largest values is found

The valeus are averaged

None of them

In chain base method the base period is.

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Fixed

Changed

Constant

None of these

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

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100

104.1

106.2

110.2

Consumer price indexis obtained by.

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Paache's formula

Marshall Edgeworth formula

Fisher's ideal formula

Family Budget Method formula

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

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Quantity

Quality

Volume

Both (b) and (c)

In fixed base method, the base period should be.

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Far away

Normal

Un reliable

Abnormal

The change is whole sale or retail are studied ___________

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Price index number

Quantity index number

Volume index number

None of these

The volume or quantity of goods are compared by_______

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Price index number

Volume index number

Quantity

None of these

The changes in whole sale or retail price are studies in

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Price index numbers

Volume index numbers

Aggregate index numbers

Chain index numbers

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