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 WPI stand for.
  • A. Whole sale price index
  • B. Whole price index
  • C. Wider price index
  • D. Weighted price index
2 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
3 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
4 The most suitable average for computation of index numbers is.
  • A. G.M
  • B. Median
  • C. A.M
  • D. Mode
5 Marshall Edgeworth price index was proposed by.
  • A. Two english economist
  • B. Two English mathematician
  • C. Three English economist
  • D. the English Scientist
6 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
7 The number of commodities in the construction of whole sale index should between 20 to 50, according to.
  • A. Fisher
  • B. Marshall
  • C. Edgeworth
  • D. Paasche's
8 Index for base period is always taken as.
  • A. 50
  • B. 100
  • C. 120
  • D. 200
9 In fixed base method the base period should be.
  • A. Normal year
  • B. Abnormal year
  • C. Fluctuatingyear
  • D. Both b and c
10 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

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    Wajiha Safdar

    20 Feb 2016

    owesome site and mossst helpful site

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