Mock -3

Which of the following is not the source of government publications?

• a) Annual survey of Industry

• b) Agricultural statistics of India

• c) Finance commission report

• d) Report on currency

Which of the following is the method of Unrestricted random sampling?

• a) Stratified sampling

• b) Lottery Method

• c) Cluster sampling

• d) Systematic random sampling

Statistics as a singular noun means:

• a) Statistical Data

• b) Descriptive Statistics

• c) Inductive Statistics

• d) Statistical Methods

Demand for a commodity refers to:

• a) Desire for the commodity

• b) Quantity demanded of that commodity

• c) Need for the commodity

• d) Quantity of the commodity demanded at a certain price during any particular period of time

The data relating to Indian railways which are annually published by the Railway Board would be for any researcher.

• a) Basic data

• b) Secondary data

• c) Direct data

• d) Primary data

A frequency polygon is obtained by:

• a) Constructing a frequency histogram

• b) Linking the mid-points from a

  frequency histogram

• c) Constructing a cumulative frequency histogram

• d) Using a line graph

Which of the following pairs represents substitute goods?

• a) Juice and cold drink

• b) Bread and butter

• c) Car and petrol

• d) All of these

How are the two goods (apples and oranges) related when, as a result of rise in the price of apples, demand for oranges increases?

• a) Inferior goods

• b) Normal goods

  
  

• c) Substitute goods

• d) Complementary goods

Marginal rate of substitution of X for Y is calculated as:

• a)

  PY /PX

• b) PX/ PY

• c) ΔX

  ΔY

  
  

• d) ΔY

  ΔX

A fall in income of the consumer (in case of normal goods) will cause:

• a) downward movement on the demand curve

  
  

• b) leftward shift of the demand curve

• c) rightward shift of the demand curve

• d) upward movement on the demand

  curve