Introduction to Index Number Test

Result

Introduction to Index Number Test - 15

Score
-
out of -
Rank
-
out of -

TIME Taken - -

SHARING IS CARING

If our Website helped you a little, then kindly spread our voice using Social Networks. Spread our word to your readers, friends, teachers, students & all those close ones who deserve to know what you know now.

Weekly Quiz Competition

Question 1
1 / -0

Index no for the base period is always taken as _______.

A
$$200$$

B
$$50$$

C
$$1$$

D
$$100$$
Question 2
1 / -0

If the current price index of pulses is 295, what is the increase in prices of pulses in comparison to base years prices.

A
195%

B
295%

C
250%

D
195 times
Question 3
1 / -0

If the current price index of gold is 10,000 per 10 gm. (Jan 2008), whereas the same was Rs. 8000 per 10 gm in Jan 2000. What is the increase in prices of gold in comparison to base years prices (Jan 2000)

A
25%

B
125%

C
50%

D
20%
Question 4
1 / -0

_________ is particularly suitable for the construction of index numbers.

A
Harmonic meand

B
Arithmetic mean

C
Geometric mean

D
None of above
Question 5
1 / -0

An index number is a special type of average.

A
True

B
False

C
Partly true

D
None of above
Question 6
1 / -0

Index numbers are also known as ______.

A
economic barometers

B
signs and guide posts

C
both (a) and (b)

D
neither (a) nor (b)
Question 7
1 / -0

Fisher's Ideal Formula for calculating index nos. satisfies the ________ tests.

A
Units Test

B
Factor Reversal Test

C
Both

D
None of above
Question 8
1 / -0

Paasche index is based on :

A
Base year quantities

B
Current year quantities

C
Average of current and base year

D
None of these
Question 9
1 / -0

The cost of living index number from the following data:
Group
Commodities Weights
W Group/
Commodities
Index Number I
Food 71 370
Clothing 3 423
Fuel etc. 9 469
House rent 7 110
Miscellaneous 10 279

A
353.2

B
300

C
100

D
none of them
Question 10
1 / -0

Index Numbers are often constructed from the ___________.

A
frequency

B
class

C
sample

D
None of above

User

Question Analysis

Correct -
Wrong -
Skipped -

My Perfomance

Score
-
out of -
Rank
-
out of -

Re-Attempt Weekly Quiz Competition

Group Commodities	Weights W	Group/ Commodities Index Number I
Food	71	370
Clothing	3	423
Fuel etc.	9	469
House rent	7	110
Miscellaneous	10	279

Introduction to Index Number Test - 15

Result

Introduction to Index Number Test - 15

Score

-

Rank

-

SHARING IS CARING

Question 1

$$200$$

$$50$$

$$1$$

$$100$$

Question 2

195%

295%

250%

195 times

Question 3

25%

125%

50%

20%

Question 4

Harmonic meand

Arithmetic mean

Geometric mean

None of above

Question 5

True

False

Partly true

None of above

Question 6

economic barometers

signs and guide posts

both (a) and (b)

neither (a) nor (b)

Question 7

Units Test

Factor Reversal Test

Both

None of above

Question 8

Base year quantities

Current year quantities

Average of current and base year

None of these

Question 9

353.2

300

100

none of them

Question 10

frequency

class

sample

None of above

User

Question Analysis

My Perfomance

Score

-

Rank

-

Results Announcement on: coming Monday

Stay Tuned: We’ll update you on your result via email or SMS.