Question # 1

Theoretically best average used in the construction of composite index in

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The arithmetic mean

The geometric mean

The median

The harmonic mean

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

Laspeyres index number is also called as:

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Base year weight index number

Current year weight index number

Ideal index number

Fisher index number

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

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

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two

Four

five

Three

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 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

The volume or quantity of goods are compared by_______

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Price index number

Volume index number

Quantity

None of these

Both quantities and prices are used in

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Link relatives

Chain relatives

Average of relatives

Aggregative index numbers

Price of commodity in current year can be represented as

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P_oi

P_on

P_n

P_i

Which index number has a wide soope

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Special

General

Price

Quantity

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

In fixed base method, the base period should be.

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Far away

Normal

Un reliable

Abnormal

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

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

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

Base yar weighted index number are.

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Laspeyre's

Paasche's

Fisher's

C.P.I

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