Question # 1

Which of the following indices has an upward bias.

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Laspeyres' index

Paache's index

Fisher's index

None of these

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

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Laspeyres' method

Paache's method

Fisher's method

Marshall -Edge worth's method

The most suitable average for computing of index number is:

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A.M

G.M

Median

H.M

Which of the followingindices satisfies both the time reversal and factor reversal tests.

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Fisher's method

Paasche's method

Laspeyres method

None of these

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

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Wholesale Price index number

Money index number

Simple index number

Price index number

Price of commodity in current year can be represented as

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P_oi

P_on

P_n

P_i

If an index numebr calculation over 8 years with a base value of 100 gave an index for 1992 of 110, what would be the percentage relative for 1993.

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90.0

13.75

880

110

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

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Laspeyree'method

Paasche's method

Fisher's method

None of these

The weights used in a quantity index are

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Percentage of total quantity

Prices

Average of quantities

None of these

Which is the most suitabel average in chain base method.

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Arithemetic mean

Median

Geometric mean

Weighted arithmetic mean

In fixed base method, the base period should be.

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Far away

Normal

Un reliable

Abnormal

The base period in fixed bases should be________

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A normal year

Abnormal year

Special

General

If all the value of have equal importance,then we have to assigned certain values is such index number are called.

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Weighted index number

Un-weighted index

Both A and B

Average

Importance of commodity is its

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Quantity

Quality

Weight

Price

If all the values considered in calculating an inxed are of equal importance, teh index is.

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Weighted

Simple

Un weighted

None of these

For computing chain index , we compute

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Price relative

Link relative

Weighted indices

None of these

The index number are generally classified into ___________ types.

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Two

Four

Five

Three

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