[{"id":3397,"question":"Probability of a sure event is","choices":[{"text":"Zero","value":"A"},{"text":"Less than one","value":"B"},{"text":"Greater than one","value":"C"},{"text":"One","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":3396,"question":"","questionImage":"3396_17-q.jpg","choices":[{"text":"The Laspeyres index","value":"A"},{"text":"The Paasches index","value":"B"},{"text":"The value index","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":3393,"question":"The weights used in a quantity index are","choices":[{"text":"Percentage of total quantity","value":"A"},{"text":"Prices","value":"B"},{"text":"Average of quantities","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":3391,"question":"Both quantities and prices are used in","choices":[{"text":"Link relatives","value":"A"},{"text":"Chain relatives","value":"B"},{"text":"Average of relatives","value":"C"},{"text":"Aggregative index numbers","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":3390,"question":"The base period in fixed base should be","choices":[{"text":"Current year","value":"A"},{"text":"Normal year","value":"B"},{"text":"Highest year","value":"C"},{"text":"Lowest year","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":3388,"question":"The volume or quantity of goods are compared by","choices":[{"text":"Price index numbers","value":"A"},{"text":"Relative index numbers","value":"B"},{"text":"Volume index numbers","value":"C"},{"text":"Paasche's index","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":3386,"question":"If all values considered in calculating an index are of equal importance, the index is","choices":[{"text":"Weighted","value":"A"},{"text":"Simple","value":"B"},{"text":"Un weighted","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":3384,"question":"Commodities subject to considerable price variation should be best measured by","choices":[{"text":"Quantity index","value":"A"},{"text":"Price index","value":"B"},{"text":"Value index","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":3383,"question":"Which is the most useful average in chain base method","choices":[{"text":"Arithmetic mean","value":"A"},{"text":"Median","value":"B"},{"text":"Geometric mean","value":"C"},{"text":"Weighted arithmetic mean","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":3381,"question":"The changes in whole sale or retail price are studies in","choices":[{"text":"Price index numbers","value":"A"},{"text":"Volume index numbers","value":"B"},{"text":"Aggregate index numbers","value":"C"},{"text":"Chain index numbers","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":3379,"question":"Which index numbers are used to measure the buying power of the money","choices":[{"text":"Wholesale Price index number","value":"A"},{"text":"Money index number","value":"B"},{"text":"Simple index number","value":"C"},{"text":"Price index number","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":3378,"question":"The index numbers are generally classified into ------------- types","choices":[{"text":"two","value":"A"},{"text":"Four","value":"B"},{"text":"five","value":"C"},{"text":"Three","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":3375,"question":"Price of commodity in current year can be represented as","choices":[{"text":"P<sub>oi</sub>","value":"A"},{"text":"P<sub>on</sub>","value":"B"},{"text":"P<sub>n</sub>","value":"C"},{"text":"P<sub>i</sub>","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":3373,"question":"Index number of the year text to the base year can be shown as","choices":[{"text":"Q<sub>n</sub>","value":"A"},{"text":"Q<sub>on</sub>","value":"B"},{"text":"Q<sub>01</sub>","value":"C"},{"text":"Q<sub>oi</sub>","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":3372,"question":"Value of commodity can be calculate by the formula","choices":[{"text":"P<sub>o</sub> x P<sub>n</sub>","value":"A"},{"text":"Price x volume","value":"B"},{"text":"<br>","value":"C"},{"text":"Price x quantity","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":3370,"question":"While dealing with price we use ----------------- as weights","choices":[{"text":"Quantity","value":"A"},{"text":"Quality","value":"B"},{"text":"Volume","value":"C"},{"text":"Both (b) and (c)","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":3369,"question":"Importance of commodity is its","choices":[{"text":"Quantity","value":"A"},{"text":"Quality","value":"B"},{"text":"Weight","value":"C"},{"text":"Price","value":"D"},{"value":"E"}],"correctAnswer":3}]