Free Printable index Numbers== GCP STAT

1.

If $p_0$ & $p_1$ represents the base and current year prices. Price relative is ...

a)

$\frac{\text{}P_1}{P_0}$

b)

$\frac{\text{}P_1}{P_1}$

c)

$\frac{\text{}P_0}{P_1}$

d)

None of the above

2.

Which of the following index number is based on Geometric Mean

a)

Paasches Index Number

b)

Fishers Index Number

c)

Simple Index Number

d)

Bowleys Index Number

3.

The index number which uses both Base and Current year quantities is

a)

Paasches Index Number

b)

Laspeyres Index Number

c)

Fisher Index Number

d)

None of the above

4.

$\ I_{2000,2020}=\ ?$

if the price of sugar per kg in the year 2000- Rs 22, The price of sugar per kg in the year 2020- Rs 44. Price index

a)

50

b)

200

c)

2

d)

2000

5.

Equation for Simple aggregative Index Number is....

a)

$\frac{\sum_{ }^{ }P_1}{\sum_{ }^{ }P_0}\times100$

b)

$\frac{\sum_{ }^{ }P_0}{\sum_{ }^{ }P_1}\times100$

c)

None of these

6.

Example for a weighted Index Number

a)

$\frac{\sum_{ }^{ }P_1}{\sum_{ }^{ }P_0}\times100$

b)

$\frac{\sum_{ }^{ }P_0}{\sum_{ }^{ }P_1}\times100$

c)

None of these

d)

$\frac{\sum_{ }^{ }P_1Q_0}{\sum_{ }^{ }P_0Q_0}\times100$

7.

Laspeyres Index Number is 112 and Paasches Index Number is 175. Fishers Index Number is

a)

112

b)

175

c)

140

d)

200

8.

Identify this Stock Exchange Building

a)

BSE (Bombay Stock Exchange)

b)

NSE (National Stock Exchange)

9.

$\frac{\sum_{ }^{ }p_1q_0}{\sum_{ }^{ }p_0q_0}\times100$

Identify the index number with the above formula

a)

Paasches Index Number

b)

Laspeyres Index Number

c)

Fisher Index Number

d)

None of the above

10.

Fishers Index Number satisfies Factor reversal test.

a)

b)

index Numbers== GCP STAT

Total questions: 10

Worksheet time: 7mins

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