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Online Tests
Statistics Ics Part 1 Chapter 5 Online Test MCQs With Answers
Question # 1
Paasche's index is also called
Choose an answer
Consumer price index
Current year price
Simple index
Cost of consumption
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Question # 2
Which of the following indices satisfies both the time reversal and factor reveral tests.
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Laspeyres' index
Fisher's index
Paasche's index
Marshall -edge worth
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Question # 3
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
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Question # 4
Which of the following price indices are prepared by Federal Bureau of Statistics.
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Wholesale price index
Consumer price index
Sensitive price indicator
All of these
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Question # 5
Geometric mean is a suitable average in ______ method.
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Price index
Chanin bases
Quantity index
Index mean
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Question # 6
Commodities subject to considerable price variation should best be measured by
Choose an answer
Quantity index
Price index
Value index
None of these
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Question # 7
The index number are generally classified into ___________ types.
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Two
Four
Five
Three
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Question # 8
Commodities subject to considerable price variation should best be measured by
Choose an answer
Quantity index
Price index
Value index
None of thes
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Question # 9
Index for base period is always take as.
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zero
one
200
100
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Question # 10
Which index numbers are used to measure the buying power of the money
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Wholesale Price index number
Money index number
Simple index number
Price index number
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Question # 11
An index that measures the change for a fixed time period is called.
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Chain base method
Fixed base method
Simple aggregative method
Cost of living method
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Question # 12
Both quantities and prices are used in:
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Link relatives
Chain relatives
Average of relatives
Aggregative index number
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Question # 13
While dealing with price we use ----------------- as weights
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Quantity
Quality
Volume
Both (b) and (c)
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Question # 14
In a fixed base method which period is taken always 100
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Preceding
Following
Base
Current
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Question # 15
If all the values considered in calculating an inxed are of equal importance, teh index is.
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Weighted
Simple
Un weighted
None of these
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Question # 16
If all values considered in calculating an index are of equal importance, the index is
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Weighted
Simple
Un weighted
None of these
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Question # 17
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
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