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 When the price of a year is divided by the price of the preceding year we get.
  • A. Price index
  • B. simple relative
  • C. Link relative
  • D. Value index
2 Paasche's index number is called.
  • A. Composite index number
  • B. Simple index number
  • C. Un weighted index number
  • D. None of above
3 WPI stand for.
  • A. Whole sale price index
  • B. Whole price index
  • C. Wider price index
  • D. Weighted price index
4 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
5 An index number is called a simple index when it is computed from.
  • A. Multiple variables
  • B. Bi. variables
  • C. Single variable
  • D. All of above
6 The most suitable average for computation of index numbers is.
  • A. G.M
  • B. Median
  • C. A.M
  • D. Mode
7 A normal year shuld be free from.
  • A. Floods
  • B. Strikes
  • C. War
  • D. All of above
8 If all the value are not of equal importance , the index number of called.
  • A. Weighted
  • B. Un weighted
  • C. Composite
  • D. Simple
9 Which of the following is called an ideal index number.
  • A. Paasche's index number
  • B. Laspeyre's index number
  • C. Marshal's index number
  • D. Fisher's index number
10 Laspeyre's index number is also called.
  • A. Current year weighted index number
  • B. Base year weighted inxed number
  • C. Ideal index number
  • D. None of above

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    Wajiha Safdar

    20 Feb 2016

    owesome site and mossst helpful site

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