The index number of base period is always:_______________?

Related Mcqs:

1. In Chain base method, the base period is ________________?

   A. Fixed
   B. Constant
   C. Change
   D. None of these

2. An Index number of an average quality of wheat in Lahore__________ Index?

   A. Volume Index Number
   B. value Index Number
   C. Quantity Index Number
   D. Weighted Index Number

3. Base year quantities are used as weights in _______________?

   A. Laspeyre’s index
   B. Paasche’s index
   C. Fisher’s index
   D. None of these

4. In special rule of addition of probability, the events are Always:_______________?

   A. Independent events
   B. Mutually Exclusive events
   C. Bayesian
   D. Empirical

5. First moment about origin is always equal to _______________?

   A. A.M.
   B. variance
   C. Zero
   D. None of these

6. The object of Index number also determines its _______________?

   A. Index Number
   B. Special purpose
   C. Reliable
   D. Scope

7. Volume index in Marshall is _______________?

   A. ∑pn(Po + Pn)/ ∑pn (Po + Pn)
   B. ∑qn(qo + qn)/∑qn(po + pn) x100
   C. ∑pn(qo + qn)/∑pn
   D. ∑qn(Po + Pn)/ ∑qo (Po + Pn) x100

8. Fisher’s ideal index number is also obtained by _______________?

   A. Taking A.M. of Laspeyre’s and Paasche’s index
   B. Taking G.M. of Laspeyre’s and Paasche’s index
   C. Both (a) and (b)
   D. None of these

9. Ratio between given year and base year is called __________ in percentage?

   A. Price relative
   B. Link relative
   C. Retail prices
   D. None of these

10. The ratio of a new price to the base year price is called the___________?

    A. Price decrease
    B. Price absolute
    C. Price increase
    D. Price relative