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MCQs

Total Questions : 62 | Page 5 of 7 pages
Question 41. Which of the following formula satisfy the time reversal test?
  1.    Lasperys
  2.    Paasches
  3.    Fishers
  4.    None of the above
 Discuss Question
Answer: Option C. -> Fishers


Question 42. When the price of a divided by the price of the preceding year, we, get:
  1.    Value index
  2.    Link relative
  3.    Simple relative
  4.    None of them
 Discuss Question
Answer: Option B. -> Link relative


Question 43. The most appropriate average in averaging the price relatives is:
  1.    Median
  2.    Harmonic mean
  3.    Arithmetic mean
  4.    Geometric mean
 Discuss Question
Answer: Option D. -> Geometric mean


Question 44. In constructing index number geometric mean relatives are:
  1.    Non-reversible
  2.    Reciprocal
  3.    Reversible
  4.    None of them
 Discuss Question
Answer: Option C. -> Reversible


Question 45. The most suitable average in chain base method is:
  1.    Arithmetic mean
  2.    Median
  3.    Mode
  4.    Geometric mean
 Discuss Question
Answer: Option D. -> Geometric mean


Question 46. Base year quantities weights are used in:
  1.    Laspeyre's method
  2.    Paasche's method
  3.    Fisher's ideal method
  4.    None of the above
 Discuss Question
Answer: Option A. -> Laspeyre's method


Question 47. The Federal Bureau of Statistics prepares:
  1.    The wholesale price index
  2.    The consumer price index
  3.    The sensitive price indicator
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above


Question 48. While computing a weighted index, the current period quantities are used in the:
  1.    Laspeyre's method·
  2.    Paasche's method
  3.    Marshall Edgeworth method
  4.    Fisher's ideal method
 Discuss Question
Answer: Option B. -> Paasche's method


Question 49. Fisher's ideal index number is the geometric mean of the:
  1.    Laspeyre's and Marshall Edgeworth indices
  2.    Laspeyre's and Paasche's indices
  3.    Paasche's and Marshal Edgeworth indices
  4.    all of the above
 Discuss Question
Answer: Option B. -> Laspeyre's and Paasche's indices


Question 50.

Paasche's price index number is also called:

  1.    Base year weighted
  2.    Current year weighted
  3.    Simple aggregative index
  4.    Consumer price index
 Discuss Question
Answer: Option B. -> Current year weighted


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