In Chain base method, the base period is ________________?

Related Mcqs:

1. Which of the formula is used in chain indices: ________________?

   A. ∑pn/∑po x100
   B. pn/po x100
   C. pn/pn-1 x100
   D. Both (a) and (b) but not (c)

2. The index number of base period is always:_______________?

   A. 100
   B. 200
   C. The price of that year
   D. None of these

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

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

4. 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

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

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

6. Price in proceeding year used in the method is called __________?

   A. Fixed Method
   B. Chain Method
   C. Aggregation Method
   D. Volume

7. Average calculated used in index number by __________ method?

   A. Three
   B. Two
   C. Four
   D. One

8. In CPI household budget method also known as:_____________?

   A. Simple average of relatives
   B. Average of weights
   C. Weighted average of relatives
   D. All of above

   Submitted by: Nimra Shaheen

9. Link relative = ________________?

   A. Pn/pn-1 x100
   B. Pn/Po x10
   C. Pn/Po x100
   D. None of these

10. Link relative = ________________?

    A. Pn/Po x 100
    B. Pn/Po x 100
    C. Pn/ Pn-1 x100
    D. Pn/P1 x 100