Question # 1

In fixed base method, the base period should be.

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Far away

Normal

Un reliable

Abnormal

Index number of the year text to the base year can be shown as

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Q_n

Q_on

Q₀₁

Q_oi

The most suitable average for computing of index number is:

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A.M

G.M

Median

H.M

Which is the most suitabel average in chain base method.

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Arithemetic mean

Median

Geometric mean

Weighted arithmetic mean

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

Geometric mean is a suitable average in ______ method.

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Price index

Chanin bases

Quantity index

Index mean

Value of commodity can be calculate by the formula

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P_o x P_n

Price x volume

Price x quantity

The index number are generally classified into ___________ types.

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Two

Four

Five

Three

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

The weights used in a price index are.

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Percentage of total price

Average of prices

Quantities

None of these

The volume or quantity of goods are compared by

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Price index numbers

Relative index numbers

Volume index numbers

Paasche's index

Laspeyres index number is also called as:

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Base year weight index number

Current year weight index number

Ideal index number

Fisher index number

Which method of construction of consumer price index number is the laspeye's index number.

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Aggregate expenditure method

Family budget method

Both a and b

None of these

Index number are called:

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Mathematical barometer

Economic barometer

Statistical barometer

Both A and C

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

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Weighted

Simple

Un weighted

None of these

The changes in whole sale or retail price are studies in

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Price index numbers

Volume index numbers

Aggregate index numbers

Chain index numbers

Which of the following indices satisfies both the time reversal and factor reveral tests.

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Laspeyres' index

Fisher's index

Paasche's index

Marshall -edge worth

Link relataives can be obtained dividing Pn by

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Po

P n-1

qo

qn-1

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

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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The Laspeyres index

The Paasches index

The value index

None of these

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

When all the commodities are not of equal importance, the index numbers are called.

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Simple

Weighted

Value

Un weighted

In a fixed base method which period is taken always 100

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Preceding

Following

Base

Current

Commodities subject to considerable price variation should be best measured by

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Quantity index

Price index

Value index

None of these

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