Question # 1

In fixed base method, the base period should be.

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Far away

Normal

Un reliable

Abnormal

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

The base period in fixed base should be

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Current year

Normal year

Highest year

Lowest year

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

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

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two

Four

five

Three

Link relataives can be obtained dividing Pn by

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Po

P n-1

qo

qn-1

Commodities subject to considerable price variation should best be measured by

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Quantity index

Price index

Value index

None of thes

Which of the following methods uses quantities consumed in the base period when computing a weighted index.

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Laspeyree'method

Paasche's method

Fisher's method

None of these

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

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

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100

200

Zero

1000

Circular test is satisfied by

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Laspeyres index

Paasche's index

Fisher's method

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

Base yar weighted index number are.

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Laspeyre's

Paasche's

Fisher's

C.P.I

The most suitable average for computing of index number is:

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A.M

G.M

Median

H.M

The index number are generally classified into ___________ types.

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Two

Four

Five

Three

The index number given by formula Σp_nq_n/Σp_nq_n x100 is:

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Laspeyres index

The paasche's index

The value index

None of these

Consumer price indexis obtained by.

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Paache's formula

Marshall Edgeworth formula

Fisher's ideal formula

Family Budget Method formula

In a fixed base method which period is taken always 100

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Preceding

Following

Base

Current

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Statistics Ics Part 1 Chapter 5 Online Test MCQs With Answers

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