An index number is used______________?

Related Mcqs:

1. 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

2. The index numbers are used to measure seasonal and cyclical variations in __________?

   A. Commodities
   B. Time Series
   C. Whole sale
   D. Realtives

3. An Index Number calculated for more than one items is called ___________?

   A. Sensitive Price Index number
   B. Consumer Index Number
   C. Simple Aggregation 1. Number
   D. Chain Indices

4. Index Number is an important role in the field of Economic and ________________?

   A. Science
   B. Education
   C. Intelligence
   D. Business

5. Paasche’s Index number is ______________?

   A. ∑pnqo/∑poqo
   B. ∑pnqo/∑pnqo x100
   C. ∑pnqn/∑poqo
   D. ∑pnqn/∑poqn x100

6. All Index numbers are not suitable for all _________________?

   A. Kind
   B. Chain relative
   C. Purpose
   D. Price

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

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

8. An Index number which measure the change of a _____ is called Aggregative 1. No?

   A. Industrial activity
   B. Retail price
   C. Cost of living
   D. Goods consumed

9. 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

10. Most commonly used index number is___________?

    A. Quantity index number
    B. Price index number
    C. Value index number
    D. None of these

    Submitted by: Nimra Shaheen