First Year ICS Statistics Chapter 5 Online MCQ Test (Index Numbers)

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

ICS Part 1 Statistics Chapter 5 Test

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MCQ's Test For Chapter 5 "Statistics Ics Part 1 Chapter 5 Online Test"

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  • Total Questions17

  • Time Allowed20

Statistics Ics Part 1 Chapter 5 Online Test

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Question # 1

Base yar weighted index number are.

Question # 2

If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.

Question # 3

In the price relative, the given year price is divided by the _________.

Question # 4

Which index numbers are used to measure the buying power of the money

Question # 5

In a fixed base method which period is taken always 100

Question # 6

The changes in whole sale or retail price are studies in

Question # 7

The base period  in fixed bases should be________

Question # 8

Paasche's index is also called

Question # 9

To measrue how much the cost of some variable changes over time you would use.

Question # 10

An index having a wide scope is called:

Question # 11

Which of the following methods uses quantities consumed in the base period when computing a weighted index.

Question # 12

Laspeyres index number is also called as:

Question # 13

Consumer price indexis obtained by.

Question # 14

Geometric mean is a suitable average in ______ method.

Question # 15

Geometric mean of the relative is.

Question # 16

If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:

Question # 17

Composite inde numebr involves commodities.

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ICS Part 1 Statistics Chapter 5 MCQs Test

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