Question # 1

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

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

Price relaties computed by chain base method is called.

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Link relatives

Value inded

Simple relatives

Price relatives

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

The prices of rice are compared by.

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Weighted index

Simple index

Composite index

Compound index

The most suitable average for computation of index numbers is.

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G.M

Median

A.M

Mode

If Laspayer's price index = 109.5, Paasche's price inded = 112.5, then fisher's ideal index will be equal to.

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104.1

111

100

110.2

If all the value are not of equal importance , the index number of called.

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Weighted

Un weighted

Composite

Simple

Consumer price index numbers are obtained by.

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Fisher's ideal formula

Marshall Edgeworth's formula

Paasche's formula

Laspayre's formula

A normal year shuld be free from.

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Floods

Strikes

War

All of above

The general purchasing power of currency is determined by.

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Volume index

Composite index

Whole sale price index

Retail price index

Index numbers are called.

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Economic barometers

Mathematical barometers

Statistical barometers

Scientific barometers

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

Paasche's index number is called.

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Composite index number

Simple index number

Un weighted index number

None of above

Index number calculated by Fisher's formula is ideal because it satisfies.

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Factor reversal test

Time reversal test

Circular test

All of above

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