CA Foundation Math Unit Test Series (Test- VII) Chapter

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CA Foundation Math Unit Test Series (Test- VII) Chapter - 19 Index Number & Time Series

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1 . An index number is 100 in 1995. It rises 10% in 1996, rises 20% in 1997, fall 10% in 1998, fall 20% in 1999. The index numbers for 1999 is

1 point

(a) 100

(b) 125.4

(d) 95.04

Clear selection

1 point

(a) 62.5

(b) 162.5

(d) None

Clear selection

3. The Laspeyer’s index number is

1 point

(a) 160

(b) 200

(d) None

Clear selection

4. The Fisher’s index number is

1 point

(a) 180

(b) 160

(d) None

Clear selection

5. The Bowley’s index number is

1 point

(a) 200

(b) 160

(d) None

Clear selection

6. The MarshallEdgeworth’s index number is

1 point

(a) 160

(b) 200

(d) None

Clear selection

7. The Kelly’s index number is

1 point

(a) 180

(b) 160

(d) None

Clear selection

8. Wage of a group of a person is Rs.335 and the cost of living index number is 120 in the year 2000. For the year 2006, these values are 510 and 210 respectively. Then the real wage has decreased by

1 point

(a) 63.31

(b) 76.25

(d) None

Clear selection

1 point

(a) 66.67, 80 ,83.33,86.67, 93.33, 100

(b) 66.67, 73.33, 81.8, 86.7, 93.3, 100

(d) None

Clear selection

10.

1 point

(a) 87.27, 93.71, 96.65, 100, 104, 106, 112

(b) 96, 100, 105, 110, 114.4, 116.6, 123.2

(d) 87.27, 90.91, 95.45, 100, 104, 106, 112

Clear selection

11. Geometric mean of Laspeyer’s and Paasche’s index numbers is 229.56. While the sum is 480. the Laspeyer’s index number is

1 point

(a) 309

(b) 310

(d) None

Clear selection

12. The earning of a worker is Rs. 10000 in 1999 and it is Rs. 12000 in 2005. The respective index numbers for the years are 350 and 500. The percentage increase or decrease in earning with compared to 1999 is

1 point

a) Increased by 20%

(b) Increased by 50%

(d) Decreased by 20%

Clear selection

13. The quantity index number for the year 2005 is 225 with the base year 2000. Then the quantity consumption has increased on an average by

1 point

(a) 125%

(b) 25%

(d) None

Clear selection

14. If the consumer price index for 1990 is 400 then the purchasing power of a rupee is

1 point

(a) 0.25paise

(b) 25paise

(d) None

Clear selection

15.

1 point

(a) 131.72

(b) 117.77

(d) None

Clear selection

16. Fisher’s price index number is

1 point

(a) 114.77

(b) 129.34

(d) None

Clear selection

17. Pasche’s quantity index number is

1 point

(a) 114.76

(b) 113.76

(d) None

Clear selection

18. Pasche’s price index number is

1 point

(a) 128.73

(b) 112.77

(d) None

Clear selection

19. Laspeyer’s quantity index number is

1 point

(a) 114.79

(b) 115.75

(d) None

Clear selection

20. A time series consists of:

1 point

(a) Short-term variations

(b) Long-term variations

(d) All of the above

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21. Wheat crops badly damaged on account of rains is:

1 point

(a) Cyclical movement

(b) Random movement

(d) Seasonal movement

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22. The method of moving average is used to find the:

1 point

(a) Secular trend

(b) Seasonal variation

(d) Irregular variation

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23. The most commonly used mathematical method for measuring the trend is:

1 point

(a) Moving average method

(b) Semi average method

(d) None of them

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24. In moving average method, we cannot find the trend values of some:

1 point

(a) Middle periods

(b) End periods

(d) Between extreme periods

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25. The rise and fall of a time series over periods longer than one year is called:

1 point

(a) Secular trend

(b) Seasonal variation

(d) Irregular variations

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