Top 250+ Solved Quantitative Techniques MCQ Questions Answer
Q. The time reversal test is not satisfied by16
a. Laspeyres’ Method
b. Paasche’s Method
c. Neither of the above
d. Both of the above
Q. The circular test is satisfied by
a. Laspeyres’ Index
b. Paasche’s Index
c. Fisher’s Ideal Index
d. None of the above
Q. The components or a time series are
a. Secular trend
b. Irregular variation
c. Cyclical variation
d. All of the above
Q. The coefficient of correlation
a. Has no limit
b. Can be less than 1
c. Can be more than 1
d. Varies between + 1
Q. Fisher’s ideal index number is the geometric mean of the
a. Laspeyre’s and Marshall Edgeworth indices
b. Laspeyre’s and Paasche’s indices
c. Both (a) and (b)
d. None of the above
Q. A time series consists of
a. Short-term variation
b. Long-term variation
c. Irregular variation
d. All the above
Q. An index which is constructed from a group of variables is considered as:
a. Composite index
b. Univariate index
c. Multiple index
d. None of the above
Q. Purchasing power of money can be accessed through:
a. Simple index
b. Fisher’s index
c. Consumer price index
d. Volume index