Question 1

_______________ is particularly suitable for the construction of index nos

Accepted Answer

A) harmonic mean 
B) arithmetic mean 
C) geometric mean C

Question 2

Exponential smoothing is

Accepted Answer

A) a method to use number exponents to smooth the time series 
B) one of the forecasting methods 
C) a method of testing linearity 
D) a method to find elasticity B

Question 3

"Sensex" is related to

Accepted Answer

A) bse 
B) nse 
C) rbi 
D) sebi A

Question 4

The formula should be independent of the unit in which or for which price and quantities are quoted in

Accepted Answer

A) unit test 
B) time reversal test 
C) factor reversal test 
D) none of the above

Question 5

Fisher's Ideal Formula for calculating index nos. satisfies the________ tests

Accepted Answer

A) units test 
B) factor reversal test 
C) both a and b 
D) do not satisfy any test

Question 6

In computing Index Numbers, ___________ is concerned with the measurement of price changes over a period of years, when it is desirable to shift the base

Accepted Answer

A) unit test 
B) circular test 
C) time reversal test 
D) none of the above

Question 7

The________ of group indices given the General Index

Accepted Answer

A) harmonic mean 
B) arithmetic mean 
C) geometric mean 
D) none of the above

Question 8

Another name for the regression method is

Accepted Answer

A) linear method 
B) univariate method 
C) time series method 
D) causal method

Question 9

Simple aggregate of quantities is a type of

Accepted Answer

A) quantity control 
B) quantity indices 
C) both a and b 
D) none of the above

Question 10

One of the classifications of time series is that they can be either

Accepted Answer

A) categorical or ordinal 
B) stationary or non-stationary 
C) inflationary or non-inflationary 
D) increasing or decreasing

Question 11

Laspeyre's method and Paasche's method do not satisfy

Accepted Answer