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 The most suitable average for computation of index numbers is.
  • A. G.M
  • B. Median
  • C. A.M
  • D. Mode
3 In fixed base method the base period should be.
  • A. Normal year
  • B. Abnormal year
  • C. Fluctuatingyear
  • D. Both b and c
4 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
5 WPI stand for.
  • A. Whole sale price index
  • B. Whole price index
  • C. Wider price index
  • D. Weighted price index
6 The general purchasing power of the currency of a country is determined by.
  • A. Simpel index
  • B. Whole sale price index
  • C. Composite index
  • D. Volume index
7 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
8 Index numbers are divided into following tow types.
  • A. Un- weighted and weighted index numbers
  • B. Simple and un-weighted index numbers
  • C. Price and quantity index numbers
  • D. Simple and composite index numbers
9 Paasche's index number is called.
  • A. Composite index number
  • B. Simple index number
  • C. Un weighted index number
  • D. None of above
10 Index for base period is always taken as.
  • A. 50
  • B. 100
  • C. 120
  • D. 200

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    Wajiha Safdar

    20 Feb 2016

    owesome site and mossst helpful site

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