Question # 1

Both quantities and prices are used in

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Link relatives

Chain relatives

Average of relatives

Aggregative index numbers

Geometric mean of the relative is.

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Reversible

None - Reversible

Both A and B

None of these

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

How many basic types of index numbers.

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2

3

4

5

The index number 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

An index having a wide scope is called:

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Price index number

General purpose index number

Special purpose index number

None of these

Importance of commodity is its

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Quantity

Quality

Weight

Price

Geometric mean is a suitable average in ______ method.

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Price index

Chanin bases

Quantity index

Index mean

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 price used in the construction of consumer price index numbers are.

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The retail prices

The fixed price

Thw wholsale prices

None of these

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

Paasche's index number is:

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Simple index number

Weighted index number

Un-weighted index number

Composite index number

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

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

Commodities subject to considerable price variation should best be measured by

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Quantity index

Price index

Value index

None of thes

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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The Laspeyres index

The Paasches index

The value index

None of these

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