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MCQ's Test For Chapter 4 "Business Statistics Icom Part 2 English Medium Chapter 4 Online Test"
Try The MCQ's Test For Chapter 4 "Business Statistics Icom Part 2 English Medium Chapter 4 Online Test"
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Total Questions15
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Time Allowed20
Business Statistics Icom Part 2 English Medium Chapter 4 Online Test
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Question # 1
When the price of a year is divided by the price of the preceding year we get.
Question # 2
If all the value are not of equal importance , the index number of called.
Question # 3
Paasche's index number is called.
Question # 4
Index numbers are divided into following tow types.
Question # 5
Which of the following is called an ideal index number.
Question # 6
WPI stand for.
Question # 7
Fisher index number is the G.M. of the.
Question # 8
Laspeyre's index number is also called.
Question # 9
If all the values of equal importance, the index numbers are called.
Question # 10
Index for base period is always taken as.
Question # 11
Aggregative expenditure method and family budget method always give.
Question # 12
The number of commodities in the construction of whole sale index should between 20 to 50, according to.
Question # 13
Index number calculated by Fisher's formula is ideal because it satisfies.
Question # 14
Consumer price index numbers are obtained by.
Question # 15
A normal year shuld be free from.
ICOM Part 2 Business Statistics Chapter 4 Online MCQ's Test
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ICom Part II Business Statistics (E.M) Chapter 4 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Paasche's index number is called. |
A. Composite index number
B. Simple index number
C. Un weighted index number
D. None of above
|
| 2 | If all the value are not of equal importance , the index number of called. |
A. Weighted
B. Un weighted
C. Composite
D. Simple
|
| 3 | A normal year shuld be free from. |
A. Floods
B. Strikes
C. War
D. All of above
|
| 4 | The number of commodities in the construction of whole sale index should between 20 to 50, according to. |
A. Fisher
B. Marshall
C. Edgeworth
D. Paasche's
|
| 5 | Geometric mean of the relatives is. |
A. Non -reversible
B. Reversible
C. Both a and b
D. None of above
|
| 6 | In chain base method, the base period is. |
A. Constant
B. Fixed
C. Not fixed
D. None of these
|
| 7 | Which of the following is called an ideal index number. |
A. Paasche's index number
B. Laspeyre's index number
C. Marshal's index number
D. Fisher's index number
|
| 8 | An index number calculated for more than on items is called. |
A. Simple index number
B. Compound index number
C. composite index number
D. Relative index number
|
| 9 | In fixed base method the base period should be. |
A. Normal year
B. Abnormal year
C. Fluctuatingyear
D. Both b and c
|
| 10 | The general purchasing power of currency is determined by. |
A. Volume index
B. Composite index
C. Whole sale price index
D. Retail price index
|
Test Questions
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wajiha safdar
20 Feb 2016owesome site and mossst helpful site