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Introduction to Index Number Test - 13

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Introduction to Index Number Test - 13
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Weekly Quiz Competition
  • Question 1
    1 / -0
    The average monthly emoluments of the officers of Nav Ratan Companies were Rs. $$66,000$$ in $$2006$$ when the consumer price index is $$225$$, what would have been their monthly emoluments in $$1995$$ when the price index was $$150$$.
  • Question 2
    1 / -0
    The average monthly emoluments of PSU officers were Rs. $$25,000$$ pm in $$1995$$ when the consumer price index was $$150$$ in $$1995$$, in $$2006$$ their monthly emoluments went up to Rs. $$35,000$$ due to additional DA paid from time to time which is directly based on consumer price index. The consumer price index in $$2006$$ is __________.
  • Question 3
    1 / -0
    The weighted of $$3$$ major categories of items of wholesale price index are $$20\%$$, $$50\%$$, $$30\%$$ respectively. If the prices of the items falling under these categories have gone up by $$25\%$$, $$15\%$$ and $$20\%$$ respectively. The wholesale price index has gone up by __________.
  • Question 4
    1 / -0
    Chain base index of the following fixed base index for the years $$2005$$ to $$2009$$ is.
    Year$$2005$$$$2006$$$$2007$$$$2008$$$$2009$$
    FBI$$80$$$$88$$$$105.60$$$$95.4$$$$133$$
  • Question 5
    1 / -0
    The price movement of essential food grain items during the past two years is given.
    WheatRiceClothPulsesTomato
    $$2004$$Rs. $$16$$ kg.Rs. $$2$$ mts.Rs. $$30$$ kg.Rs. $$15$$ per kg.
    $$2009$$Rs. $$20$$Rs. $$3.30$$ per mt.Rs. $$45$$Rs. $$20$$
    Taking $$2004$$ as the base year, the price index of essential commodities in $$2009$$ is __________.
  • Question 6
    1 / -0
    If the prices of pulses have gone up by 3.05 times in comparison to the base period, the present index of pulses is____.
  • Question 7
    1 / -0
    Average price of a commodity in $$2009$$ was $$25\%$$ more than the price in $$2008$$. What is the price relative for $$2008$$.
  • Question 8
    1 / -0
    Which country rank first in terms of HDI index?
    Solution
    Norway ranks first in terms of HDI index. HDI stands for Human Development Index. It can be defined as a statistic composite index of human development indicators, like, life expectancy, education, per capita income, etc. HDI helps to rank countries.
  • Question 9
    1 / -0
    When the cost of edible vegetable oil increased by $$60\%$$ over the last for years a housewife who maintain her former scale of consumption felt that his cost of living index has gone up by $$12\%$$. What percentage of his cost of living was due edible oil before the change in price.
  • Question 10
    1 / -0
    If the index number of Aluminium in 2005 is $$350$$ with base year 1995, the prices of aluminium must have increased by
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