Question # 1

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

The base period in fixed bases should be________

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A normal year

Abnormal year

Special

General

How many basic types of index numbers.

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2

3

4

5

The index number given by formula Σp_nq_n/Σp_nq_n x100 is:

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Laspeyres index

The paasche's index

The value index

None of these

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

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100

104.1

106.2

110.2

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

Index for base period is always take as.

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zero

one

200

100

Importance of commodity is its

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Quantity

Quality

Weight

Price

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

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Laspeyres method

Marshall -Edge worth's methods

Peasche's method

Fisher's method

If an unweighed average of revalives index pn/po x 100 is calculated for each product in the compostive, what is then done with these values to finish the calculation.

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The values are multiplied together.

The largest values is found

The valeus are averaged

None of them

The base period in fixed base should be

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Current year

Normal year

Highest year

Lowest year

Base yar weighted index number are.

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Laspeyre's

Paasche's

Fisher's

C.P.I

Commodities subject to considerable price variation should best be measured by

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Quantity index

Price index

Value index

None of these

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

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Base year price

Current year price

Previous year price

None of these

An index that measures the change for a fixed time period is called.

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Chain base method

Fixed base method

Simple aggregative method

Cost of living method

While dealing with price we use ----------------- as weights

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Quantity

Quality

Volume

Both (b) and (c)

Price of commodity in current year can be represented as

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P_oi

P_on

P_n

P_i

Which of the following price indices are prepared by Federal Bureau of Statistics.

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Wholesale price index

Consumer price index

Sensitive price indicator

All of these

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