MCQ

MCQ 11 Mark

Dorbish-Bowley’s Price Index Number is given by

A
$\frac{\frac{\sum p_1 q_0}{\sum p_0 q_1}+\frac{\sum p_0 q_1}{\sum p_1 q_0}}{2} \times 100$
B
$\frac{\frac{\sum p_1 q_1}{\sum p_0 q_0}+\frac{\sum p_0 q_0}{\sum p_1 q_1}}{2} \times 100$
✓
$\frac{\frac{\sum p_1 q_0}{\sum p_0 q_0}+\frac{\sum p_1 q_1}{\sum p_0 q_1}}{2} \times 100$
D
$\frac{\frac{\sum p_{0 q_0}}{\sum p_{10} q_0}+\frac{\sum p_{0 q_1}}{\sum p_{11} q_1}}{2} \times 100$

Answer

Correct option: C.

$\frac{\frac{\sum p_1 q_0}{\sum p_0 q_0}+\frac{\sum p_1 q_1}{\sum p_0 q_1}}{2} \times 100$

$\frac{\frac{\sum p_1 q_0}{\sum_{p_0 q_0}}+\frac{\sum_{p_1 q_1}}{\sum_{P_0 q_1}}}{2} \times 100$

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MCQ 21 Mark

Paassche’s Price Index Number is given by

A
$\frac{\sum p_0 q_0}{\sum p_1 q_0} \times 100$
B
$\frac{\sum p_0 q_1}{\sum p_1 q_1} \times 100$
C
$\frac{\sum p _1 q _0}{\sum p _0 q _0} \times 100$
✓
$\frac{\sum p_1 q_1}{\sum p_0 q_1} \times 100$

Answer

Correct option: D.

$\frac{\sum p_1 q_1}{\sum p_0 q_1} \times 100$

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MCQ 31 Mark

Laspeyre’s Price Index Number is given by

A
$\frac{\sum p_0 q_0}{\sum p_1 q_0} \times 100$
B
$\frac{\sum p_0 q_1}{\sum p_1 q_1} \times 100$
✓
$\frac{\sum p_1 q_0}{\sum p_0 q_0} \times 100$
D
$\frac{\sum p_1 q_1}{\sum p_0 q_1} \times 100$

Answer

Correct option: C.

$\frac{\sum p_1 q_0}{\sum p_0 q_0} \times 100$

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MCQ 41 Mark

Value Index Number by Weighted aggregate Method is given by

A
$\sum \frac{p_1 q_0 w}{p_0 q_0 w} \times 100$
B
$\sum \frac{p_0 q_1 w}{p_0 q_0 w} \times 100$
C
$\frac{\sum p_1 q_1 w}{\sum p_0 q_1 w} \times 100$
✓
$\frac{\sum p_1 q_1 w}{\sum p_0 q_0 w} \times 100$

Answer

Correct option: D.

$\frac{\sum p_1 q_1 w}{\sum p_0 q_0 w} \times 100$

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MCQ 51 Mark

Quantity Index Number By Weighted Aggregate Method is given by

A
$\sum \frac{q_1 w}{q_0 w} \times 100$
B
$\quad \sum \frac{q_0 w}{q_1 w} \times 100$
✓
$\frac{\sum q_1 w}{\sum q_0 w} \times 100$
D
$\frac{\sum q_0}{\sum q_1} \times 100$

Answer

Correct option: C.

$\frac{\sum q_1 w}{\sum q_0 w} \times 100$

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MCQ 61 Mark

Price Index Number by Weighted Aggregate Method is given by

A
$\sum \frac{p_1 w}{p_0 w} \times 100$
B
$\sum \frac{p_0 w}{p_1 w} \times 100$
✓
$\frac{\sum p_1 w}{\sum p_0 w} \times 100$
D
$\frac{\sum p_0 w}{\sum p_1 w} \times 100$

Answer

Correct option: C.

$\frac{\sum p_1 w}{\sum p_0 w} \times 100$

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MCQ 71 Mark

Value Index Number by Simple Aggregate Method is given by

A
p>$\sum \frac{p_1 q_0}{p_0 q_1} \times 100$
✓
$\sum \frac{p_0 q_1}{p_0 q_0} \times 100$
C
$\frac{\sum p_1 q_1}{\sum p_1 q_0} \times 100$
D
$\frac{\sum p_1 q_1}{\sum p_0 q_0} \times 100$

Answer

Correct option: B.

$\sum \frac{p_0 q_1}{p_0 q_0} \times 100$

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MCQ 81 Mark

Quantity Index Number by Simple Aggregate Method is given by

✓
$\sum \frac{q_1}{q_0} \times 100$
B
$\sum \frac{q_0}{q_1} \times 100$
C
$\sum \frac{q_1}{q_0} \times 100$
D
$\frac{\sum q_0}{\sum q_1} \times 100$

Answer

Correct option: A.

$\sum \frac{q_1}{q_0} \times 100$

$\frac{\sum q_1}{\sum q_0} \times 100$

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MCQ 91 Mark

The Cost of Living Index Number using Weighted Relative Method is given by

✓
$\frac{\sum I W}{\sum W}$
B
$\sum \frac{W}{I W}$
C
$\frac{\sum W}{\sum I W}$
D
$\sum \frac{ IW }{ W }$

Answer

Correct option: A.

$\frac{\sum I W}{\sum W}$

$\frac{\sum \text { IW }}{\sum W }$

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MCQ 101 Mark

The Cost of Living Index Number using Aggregate Expenditure Method is given by

✓
$\frac{\sum p_1 q_0}{\sum p_0 q_0} \times 100$
B
$\sum \frac{p_1 q_1}{p_0 q_1} \times 100$
C
$\frac{\sum p_1 q_1}{\sum p_0 q_1} \times 100$
D
$\sum \frac{p_1 q_0}{p_0 q_0} \times 100$

Answer

Correct option: A.

$\frac{\sum p_1 q_0}{\sum p_0 q_0} \times 100$

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MCQ 111 Mark

Walsh’s Price Index Number is given by

✓
$\frac{\sum p_1 \sqrt{q_0 q_1}}{\sum p_0 \sqrt{q_0 q_1}} \times 100$
B
$\frac{\sum p_0 \sqrt{q_0 q_1}}{\sum p_1 \sqrt{q_0 q_1}} \times 100$
C
$\frac{\sum q_1 \sqrt{p_0 p_1}}{\sum q_0 \sqrt{p_0 p_1}} \times 100$
D
$\frac{\sum q_0 \sqrt{p_0 p_1}}{\sum q_i \sqrt{p_0 p_1}} \times 100$

Answer

Correct option: A.

$\frac{\sum p_1 \sqrt{q_0 q_1}}{\sum p_0 \sqrt{q_0 q_1}} \times 100$

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MCQ 121 Mark

Marshall-Edge worth’s Price Index Number is given by

✓
$\frac{\sum p_1\left(q_0+q_1\right)}{\sum p_0\left(q_0+q_1\right)} \times 100$
B
$\frac{\sum p_0\left(q_0+q_1\right)}{\sum p_1\left(q_0+q_1\right)} \times 100$
C
$\frac{\sum q_1\left(p_0+p_1\right)}{\sum q_0\left(p_0+p_1\right)} \times 100$
D
$\frac{\sum q_1\left(p_0+p_1\right)}{\sum q_0\left(p_0+p_1\right)} \times 100$

Answer

Correct option: A.

$\frac{\sum p_1\left(q_0+q_1\right)}{\sum p_0\left(q_0+q_1\right)} \times 100$

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MCQ 131 Mark

Fisher’s Price Number is given by

✓
$\sqrt{\frac{\sum p_1 q_0}{\sum p_0 q_0} \times \frac{\sum p_1 q_1}{\sum p_0 q_1}} \times 100$
B
$\sqrt{\frac{\sum p_0 q_0}{\sum p_1 q_0} \times \frac{\sum p_0 q_1}{\sum p_1 q_1}} \times 100$
C
$\sqrt{\frac{\sum p_0 q_1}{\sum p_0 q_0} \times \frac{\sum p_1 q_1}{\sum p_1 q_0}} \times 100$
D
$\sqrt{\frac{\sum p_1 q_0}{\sum p_1 q_1} \times \frac{\sum p_0 q_b}{\sum p_0 q_1}} \times 100$

Answer

Correct option: A.

$\sqrt{\frac{\sum p_1 q_0}{\sum p_0 q_0} \times \frac{\sum p_1 q_1}{\sum p_0 q_1}} \times 100$

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MCQ 141 Mark

Price Index Number by Simple Aggregate method is given by

A
$\sum \frac{p_1}{p_0} \times 100$
B
$\sum \frac{p_0}{p_1} \times 100$
✓
$\frac{\sum p_1}{\sum p_0} \times 100$
D
$\frac{\sum p_0}{\sum p_1} \times 100$

Answer

Correct option: C.

$\frac{\sum p_1}{\sum p_0} \times 100$

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Maths (commerce) MCQ

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