| 1 |
Price relatives is a ratio of current year price and. |
- A. Base year quantity
- B. Previous year quantity
- C. Base year price
- D. Current year quantity
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| 2 |
The weights used in a quantity index are |
- A. Percentage of total quantity
- B. Prices
- C. Average of quantities
- D. None of these
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| 3 |
Which of the followingindices satisfies both the time reversal and factor reversal tests. |
- A. Fisher's method
- B. Paasche's method
- C. Laspeyres method
- D. None of these
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| 4 |
Commodities subject to considerable price variation should be best measured by |
- A. Quantity index
- B. Price index
- C. Value index
- D. None of these
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| 5 |
Value of commodity can be calculate by the formula |
- A. P<sub>o</sub> x P<sub>n</sub>
- B. Price x volume
- C. <br>
- D. Price x quantity
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| 6 |
Paasche's index is also called |
- A. Consumer price index
- B. Current year price
- C. Simple index
- D. Cost of consumption
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| 7 |
In a fixed base method which period is taken always 100 |
- A. Preceding
- B. Following
- C. Base
- D. Current
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| 8 |
How many basic types of index numbers. |
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| 9 |
For computing chain index , we compute |
- A. Price relative
- B. Link relative
- C. Weighted indices
- D. None of these
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| 10 |
The base period in fixed bases should be________ |
- A. A normal year
- B. Abnormal year
- C. Special
- D. General
|