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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
Both quantities and prices are used in:
Question # 2
Consumer price indexis obtained by.
Question # 3
The base period in fixed bases should be________
Question # 4
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 5
The change is whole sale or retail are studied ___________
Question # 6
Which of the followingindices satisfies both the time reversal and factor reversal tests.
Question # 7
In chain base method the base period is.
Question # 8
The consumer price index number is also called.
Question # 9
Which of the following methods uses quantities consumed in the current period when computing a weighted index.
Question # 10
The base period in fixed base should be
Question # 11
In the price relative, the given year price is divided by the _________.
Question # 12
An index that measures the change for a fixed time period is called.
Question # 13
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.
Question # 14
Circular test is satisfied by
Question # 15
While dealing with price we use ----------------- as weights
Question # 16
Geometric mean is a suitable average in ______ method.
Question # 17
For computing chain index , we compute
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 | Geometric mean of the relative is. |
A. Reversible
B. None - Reversible
C. Both A and B
D. None of these
|
| 2 | The base period in fixed bases should be________ |
A. A normal year
B. Abnormal year
C. Special
D. General
|
| 3 | Which is the most suitabel average in chain base method. |
A. Arithemetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
| 4 | How many basic types of index numbers. |
A. 2
B. 3
C. 4
D. 5
|
| 5 | The index number given by formula Σpnqn/Σpnqn x100 is: |
A. Laspeyres index
B. The paasche's index
C. The value index
D. None of these
|
| 6 | The volume or quantity of goods are compared by |
A. Price index numbers
B. Relative index numbers
C. Volume index numbers
D. Paasche's index
|
| 7 | The index numbers are generally classified into ------------- types |
A. two
B. Four
C. five
D. Three
|
| 8 | Importance of commodity is its |
A. Quantity
B. Quality
C. Weight
D. Price
|
| 9 | Which method of construction of consumer price index number is the laspeye's index number. |
A. Aggregate expenditure method
B. Family budget method
C. Both a and b
D. None of these
|
| 10 | Which is the most useful average in chain base method |
A. Arithmetic mean
B. Median
C. Geometric mean
D. Weighted arithmetic mean
|
Test Questions
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Merry
28 Mar 2016This is very inf0rmative site.