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Online Tests
Business Statistics Icom Part 2 English Medium Chapter 4 Online Test MCQs With Answers
Question # 1
Fisher index number is the G.M. of the.
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Marshall Edgeworth index number
Liaspeyre's and Paasche's index number
Laspeyre's index number
Paasche's index number
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Question # 2
Index numbers are divided into following tow types.
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Un- weighted and weighted index numbers
Simple and un-weighted index numbers
Price and quantity index numbers
Simple and composite index numbers
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Question # 3
The number of commodities in the construction of whole sale index should between 20 to 50, according to.
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Fisher
Marshall
Edgeworth
Paasche's
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Question # 4
The most suitable average for computation of index numbers is.
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G.M
Median
A.M
Mode
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Question # 5
A normal year shuld be free from.
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Floods
Strikes
War
All of above
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Question # 6
Which of the following is called an ideal index number.
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Paasche's index number
Laspeyre's index number
Marshal's index number
Fisher's index number
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Question # 7
Price relaties computed by chain base method is called.
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Link relatives
Value inded
Simple relatives
Price relatives
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Question # 8
In fixed base method the base period should be.
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Normal year
Abnormal year
Fluctuatingyear
Both b and c
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Question # 9
Laspeyre's index number is also called.
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Current year weighted index number
Base year weighted inxed number
Ideal index number
None of above
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Question # 10
The index numbers are calculated in.
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Ratios
Percentages
Decimal
Fractions
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Question # 11
Paasche's index number is called.
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Composite index number
Simple index number
Un weighted index number
None of above
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Question # 12
When the price of the year is divided by the price of a particular year we get.
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Price relative
Link relatives
Simple relatives
All of the above
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Question # 13
An index number having a wide scope is caled.
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Special purpose inded number
Price index number
General purpose index number
Quantity index number
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Question # 14
The general purchasing power of currency is determined by.
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Volume index
Composite index
Whole sale price index
Retail price index
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Question # 15
Index for base period is always taken as.
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50
100
120
200
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