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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 index number given by formula Σpnqn/Σpnqn x100 is:
Question # 2
If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:
Question # 3
The base period in fixed base should be
Question # 4
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 5
Composite inde numebr involves commodities.
Question # 6
If we went to compare the prices of wheat then we have to compute.
Question # 7
If all values considered in calculating an index are of equal importance, the index is
Question # 8
In a fixed base method which period is taken always 100
Question # 9
Link relataives can be obtained dividing Pn by
Question # 10
An index that measures the change for a fixed time period is called.
Question # 11
If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.
Question # 12
The weights used in a price index are.
Question # 13
To measrue how much the cost of some variable changes over time you would use.
Question # 14
The base period in fixed bases should be________
Question # 15
Importance of commodity is its
Question # 16
Which index numbers are used to measure the buying power of the money
Question # 17
The index number are generally classified into ___________ types.
ICS Part 1 Statistics Chapter 5 MCQs Test
Top Scorers Of Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test" MCQ`s Test
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ICS Part 1 Statistics Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Link relataives can be obtained dividing Pn by |
A. Po
B. P n-1
C. qo
D. qn-1
|
| 2 | Commodities subject to considerable price variation should best be measured by |
A. Quantity index
B. Price index
C. Value index
D. None of thes
|
| 3 | The index numbers are generally classified into ------------- types |
A. two
B. Four
C. five
D. Three
|
| 4 | Which index numbers are used to measure the buying power of the money |
A. Wholesale Price index number
B. Money index number
C. Simple index number
D. Price index number
|
| 5 | Base yar weighted index number are. |
A. Laspeyre's
B. Paasche's
C. Fisher's
D. C.P.I
|
| 6 | Geometric mean of the relative is. |
A. Reversible
B. None - Reversible
C. Both A and B
D. None of these
|
| 7 | When all the commodities are not of equal importance, the index numbers are called. |
A. Simple
B. Weighted
C. Value
D. Un weighted
|
| 8 | For computing chain index , we compute |
A. Price relative
B. Link relative
C. Weighted indices
D. None of these
|
| 9 | CPI falls in the category of. |
A. A simple index
B. An aggregative
C. An inflationary index
D. Wholesale price index
|
| 10 | If all values considered in calculating an index are of equal importance, the index is |
A. Weighted
B. Simple
C. Un weighted
D. None of these
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.