12th Business Statistics Chapter 4 Test

Here you can prepare 12th Class Business Statistics Chapter 4 Index Numbers Test. Click the button for 100% free full practice test.

12th class Business Statistics chapter 4 online mcq test with answers for ICom part 2 Business Statistics Chapter 4 (Index Numbers)

12th class Business Statistics chapter 4 online mcq test with answers for ICom part 2 Business Statistics Chapter 4 (Index Numbers)

Sr. # Questions Answers Choice
1 Marshall Edgeworth price index was proposed by.
  • A. Two english economist
  • B. Two English mathematician
  • C. Three English economist
  • D. the English Scientist
2 Aggregative expenditure method and family budget method always give.
  • A. Approximate results
  • B. Same results
  • C. Antonymous results
  • D. Different results
3 Base year quantities are used as weights in.
  • A. Paasche's index number
  • B. fisher's index number
  • C. Marshall Edgeworth index number
  • D. Lespeyre's index number
4 Price relaties computed by chain base method is called.
  • A. Link relatives
  • B. Value inded
  • C. Simple relatives
  • D. Price relatives
5 Fisher index number is the G.M. of the.
  • A. Marshall Edgeworth index number
  • B. Liaspeyre's and Paasche's index number
  • C. Laspeyre's index number
  • D. Paasche's index number
6 An index number calculated for more than on items is called.
  • A. Simple index number
  • B. Compound index number
  • C. composite index number
  • D. Relative index number
7 A normal year shuld be free from.
  • A. Floods
  • B. Strikes
  • C. War
  • D. All of above
8 When the price of the year is divided by the price of a particular year we get.
  • A. Price relative
  • B. Link relatives
  • C. Simple relatives
  • D. All of the above
9 An index number having a wide scope is caled.
  • A. Special purpose inded number
  • B. Price index number
  • C. General purpose index number
  • D. Quantity index number
10 WPI stand for.
  • A. Whole sale price index
  • B. Whole price index
  • C. Wider price index
  • D. Weighted price index

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    Wajiha Safdar

    20 Feb 2016

    owesome site and mossst helpful site

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