
INDEX NO
Quiz
•
Arts
•
2nd - 11th Grade
•
Practice Problem
•
Hard
sakshi arora
Used 7+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
____ mean importance assigned to different commodities included in the index
A. Price
B. Weights
C. Both
D. None
A
B
C
D
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
____ is a special type of average which provides a measurement of relative changes from time to time or from place to place.
A. variance
B. index numbers
C. time series
D. none
A
B
C
D
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The base year for index numbers should be…………..
A. none
B. normal period
C. a year only
D. a period at distant part
A
B
C
D
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Index Number reveals the state of
A. Inflation
B. None
C. Deflation
D. Both
A
B
C
D
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Laspeyre’s index formula uses the weights of the
A. None of the above
B. Base year
C. Current year
D. Average of the weights of a number of years
A
B
C
D
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Index numbers are expressed in
A. Percentage
B. Average
C. Both
D. None
A
B
C
D
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Commodities which show considerable price fluctuations could be best measured by a…………….
A. price index
B. quantity index
C. value index
D. quality
A
B
C
D
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