Index Numbers MCQs set 1 for the preparation of FPSC Statistical Officer . We have prepared Statics MCQs on Index Numberss with Answers which will help you in online preparation of Lecturers, Statistical Officers and other stats related jobs .

**Statistics MCQs on Index Numbers **

**1. A simple index number is a number that measures a relative change in ____ ?**

(A) group of variable with respect to a base

(B) single variable with respect to a base

(C) Both A & B

(D) None of the above.

**2. A composite index number is a number that measures an average relative change ___?**

(A) in single variable

(B) in a group of relative variables with respect to a base

(C) in prices of commodities

(D) Both A & B

(E) None of the Above

**3. Price Index Numbers measures the changes in?**

(A) relative changes in prices of commodities between two periods

(B) Physical quantity of goods produced

(C) single variable

(D) None of the Above..

**4. In Price Index Numbers prices can either be ?**

(A) Retail

(B) wholesale

(C) Both A & B

(D) None of the above.

**5. How many methods are there to construct index numbers?**

(A) one

(B) two

(C) three

(D) All are the part of Statistical Table.

**6. Which of the following is method of constructing Index Numbers ?**

(A) Aggregative Method

(B) Relative Method

(C) Both A & B

(D) None of the Above..

**7. Aggregative method is further divided into how many types ?**

(A) one

(B) two

(C) three

(D) None of the Above.

**8. Relative Method is further divided into how many types?**

(A) One

(B) two

(C) None of the above

(D) All of the Above.

**9**.** Paasche's Formula is the type of ______?**

(A) Weighted Aggregative Formula

(B) Weighted Average Relative

(C) Both A & B

(D) None of te Above.

**10. Index Numbers may be categorized in terms of ___?**

(A) variables

(B) constants

(C) numbers

(D) All of the Above

**Answers to Measures of Index Numbers MCQs **

1. B

2. B

3. A

4. C

5. B

6. B

7. B

8. B

9. A

10. A