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This online test contains MCQs about following topics:
Introduction to index number . Construction of price index number . Unweighted index numbers . Weighted index numbers . Consumer price index and wholesale price index
MCQ's Test For Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test"
Try The MCQ's Test For Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test"
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Total Questions17
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Time Allowed20
Statistics Ics Part 1 Chapter 5 Online Test
00:00
Question # 1
The weights used in a price index are.
Question # 2
Index number are called:
Question # 3
In the price relative, the given year price is divided by the _________.
Question # 4
Which is the most useful average in chain base method
Question # 5
If all values considered in calculating an index are of equal importance, the index is
Question # 6
When the base year values are used as weights, the weighted average of relatives price index is the same as.
Question # 7
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
Question # 8
Which is the most suitabel average in chain base method.
Question # 9
Index for base period is always take as.
Question # 10
Consumer price indexis obtained by.
Question # 11
If all the values considered in calculating an inxed are of equal importance, teh index is.
Question # 12
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 13
If we went to compare the prices of wheat then we have to compute.
Question # 14
The volume or quantity of goods are compared by_______
Question # 15
Which method of construction of consumer price index number is the laspeye's index number.
Question # 16
The index numbers are generally classified into ------------- types
Question # 17
CPI falls in the category of.
ICS Part 1 Statistics Chapter 5 MCQs Test
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ICS Part 1 Statistics Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Which is the most suitabel average in chain base method. |
A. Arithemetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
| 2 | Index for base period is always take as. |
A. zero
B. one
C. 200
D. 100
|
| 3 | Which of the following methods uses quantities consumed in the current period when computing a weighted index. |
A. Laspeyres' method
B. Paache's method
C. Fisher's method
D. Marshall -Edge worth's method
|
| 4 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of thes
|
| 5 | Geometric mean of the relative is. |
A. Reversible
B. None - Reversible
C. Both A and B
D. None of these
|
| 6 |
|
A. The Laspeyres index
B. The Paasches index
C. The value index
D. None of these
|
| 7 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of these
|
| 8 | In a fixed base method which period is taken always 100 |
A. Preceding
B. Following
C. Base
D. Current
|
| 9 | Which index number has a wide soope |
A. Special
B. General
C. Price
D. Quantity
|
| 10 | Which of the following methods uses quantities consumed in the base period when computing a weighted index. |
A. Laspeyree'method
B. Paasche's method
C. Fisher's method
D. None of these
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.