1 |
Circular test is satisfied by |
- A. Laspeyres index
- B. Paasche's index
- C. Fisher's method
- D. None of these
|
2 |
Theoretically best average used in the construction of composite index in |
- A. The arithmetic mean
- B. The geometric mean
- C. The median
- D. The harmonic mean
|
3 |
Commodities subject to considerable price variation should best be measured by |
- A. Quantity index
- B. Price index
- C. Value index
- D. None of these
|
4 |
Which index number has a wide soope |
- A. Special
- B. General
- C. Price
- D. Quantity
|
5 |
Both quantities and prices are used in |
- A. Link relatives
- B. Chain relatives
- C. Average of relatives
- D. Aggregative index numbers
|
6 |
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
|
7 |
Base yar weighted index number are. |
- A. Laspeyre's
- B. Paasche's
- C. Fisher's
- D. C.P.I
|
8 |
The weights used in a price index are. |
- A. Percentage of total price
- B. Average of prices
- C. Quantities
- D. None of these
|
9 |
Price of commodity in current year can be represented as |
- A. P<sub>oi</sub>
- B. P<sub>on</sub>
- C. P<sub>n</sub>
- D. P<sub>i</sub>
|
10 |
The index number given by formula Σp<sub>n</sub>q<sub>n</sub>/Σp<sub>n</sub>q<sub>n</sub> x100 is: |
- A. Laspeyres index
- B. The paasche's index
- C. The value index
- D. None of these
|