Statistics Ics Part 1 Chapter 5 Online Test With Answers

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Statistics Ics Part 1 Chapter 5 Online Test

Sr. # Questions Answers Choice
1 Composite inde numebr involves commodities. One Two Three More than one
2 Consumer price indexis obtained by. Paache's formula Marshall Edgeworth formula Fisher's ideal formula Family Budget Method formula
3 For computing chain index , we compute Price relative Link relative Weighted indices None of these
4 CPI falls in the category of. A simple index An aggregative An inflationary index Wholesale price index
5 When all the commodities are not of equal importance, the index numbers are called. Simple Weighted Value Un weighted
6 In a fixed base method which period is taken always 100 Preceding Following Base Current
7 In fixed base method, the base period should be. Far away Normal Un reliable Abnormal
8 How many basic types of index numbers. 2 3 4 5
9 An index that measures the change for a fixed time period is called. Chain base method Fixed base method Simple aggregative method Cost of living method
10 Price relatives is a ratio of current year price and. Base year quantity Previous year quantity Base year price Current year quantity
11 If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is. 100 200 Zero 1000
12 Link relataives can be obtained dividing Pn by Po P n-1 qo qn-1
13 Index for base period is always take as. zero one 200 100
14 Base yar weighted index number are. Laspeyre's Paasche's Fisher's C.P.I
15 In chain base method the base period is. Fixed Changed Constant None of these
16 Which index number has a wide soope Special General Price Quantity
17 Which of the following price indices are prepared by Federal Bureau of Statistics. Wholesale price index Consumer price index Sensitive price indicator All of these
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