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WorksheetsCA FOUNDATION ELITE
Total questions: 17
Worksheet time: 17mins
Fisher's Index number is called as ideal index number
because it is satisfying.
Factor reversal test
Time reversal test
Both factor and time reversal test
Circular test
Weighted guarantee means of relative formula
satisfies _____ test while as factor reversal test is satisfied by_.
Time reversal Fisher's Ideal index
Time reversal Laspeyre's Index
Factor reversal Paasche's index
Factor reversal Fisher's ideal index
Which of the following index measures the change
from month to month in the cost of a representative basket
of goods and services of the type which are bought by a
typical household?
Retail Price Index
Laspeyre's Index
Fisher's Index
Paasche's Index
If Fisher's index number is 160 and paasche's index
number is 140 laspeyre's Index 40 is
187.77
182.86
183.25
NONE
Which of the following index is computed taking the
average of base year and current year?
Marshall- Edgeworth's index
Paasche's index
Laspeyre's Index
Fisher's index
Geometric mean method used in which index number
to find it out
Laspeyres
Paasches
Fishers index Number
None
112.32
112.25
112.26
112.20
When the prices for quantities consumed of all
commodities are changing in the same ratio, then the index
numbers due to Laspeyre's and Paasche's will be.
Equal
Reciprocal of Marshall Edge worth Index Number
Unequal
Reciprocal of Fisher Index Number
The cost-of-living index is always
Price index number
Quantity index number
Weighted index number
Value index number
Index Numbers are expressed as
Squares
Ratio
Percentages
Combinations
Page
The sale of Cold Drink would go up in summers and go
down in the winters is an example of
Trend Variation
Cyclical Variation
Seasonal Variation
Irregular Variation
Which of the following statement is true?
Paasche's Index Number is based on the base year
quantity
Fisher's Index Number is the Arithmetic Mean of
Laspreyre's Index Number and Paasche's Index number
Arithmetic Mean is the most appropriate average for
constructing the index number
Fisher's Index Number is an Ideal Index Number
The cost-of-living index numbers in years 2015 and
2018 were 97.5 and 115 respectively. The salary of a worker
in 2015 was ₹ 19500. How much additional salary was
required for him in 2018 to maintain some standard of living
as in 2015?
3000
4000
3500
4500
The monthly income of an employee was ₹ 8,000 in
2014. The consumer price index number was 160 in 2014,
which rose to 200 in 2017. If he has to be rightly
compensated, the additional dearness allowance to be paid
to him in 2017 would be:
2400
2750
2500
NONE
148.25
146.41
144.25
NONE
The suitable index number for the comparison of
changes in price level of every year is __
Fixed Base Index Number
Fisher's Ideal Index Number
Chain Base Index Number
Both (a) and (c)
In year 2005 the wholesale price index number is 286
with 1995 as base year, then how much the prices have
increased in 2005 in comparison to 1995?
286%
386%
86%
186%
