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Free MCQ’s Quiz on Class 11 Economics – Statistics Chapter 8 – Index Numbers – Set 1

Free MCQ’s Quiz for Class 11 Economics – Statistics Chapter 8 – Index Numbers with Answers is prepared based on the latest CBSE Exam Pattern for the Academic Session. Students can solve NCERT based Class 11th Economics – Statistics – ‘Index Numbers’ Multiple Choice Questions with Answers to know their preparation level on the Success Roar Classes website.

Here, we have provided Free MCQ’s Quiz on Class 11 Economics – Statistics Chapter 8 – Index Numbers. An index number is a statistical device used to measure the magnitude of changes in a group of related variables.

To make you perfect in this topic – Index Numbers, we are here with a set of MCQs Quiz that will help you in brushing up the understanding of the concepts.

Free MCQ’s on Index Numbers.

Free MCQ’s on Index Numbers

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#1. In most of the weighted indexes the weighting refers to -

#2. An appropriate method for working out consumer price index is:

#3. A weighted aggregative price index using current period quantities as weights is known as____.

#4. The Paasche’s index number is based on

#5. The ____ is an index used to measure changes in total money value.

#6. The ____ is widely used to measure the rate of inflation.

#7. Consumer price index measures the average change in ___.

#8. Index number is a special type of

#9. A ____ is linked to price and measures price change in two ways.

#10. An index that is designed to measure changes in quantities over time is known as the

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