Census of India is an example of: MCQ with Answer and Explanation
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Question #1
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If the CPI increased from 150 to 165 over a year, the inflation rate based on CPI is:
Correct Answer: Option C
Explanation:
Inflation rate = [(New CPI - Old CPI) / Old CPI] × 100 = (165 - 150)/150 × 100 = 15/150 × 100 = 10%. This measures the percentage increase in the price level.
Inflation rate = [(New CPI - Old CPI) / Old CPI] × 100 = (165 - 150)/150 × 100 = 15/150 × 100 = 10%. This measures the percentage increase in the price level.
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Accountancy and Statistics
Statistics
Question #2
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Age-Specific Fertility Rate (ASFR) for age group 20-24 is calculated as:
Correct Answer: Option D
Explanation:
ASFR isolates fertility behavior within specific age groups: (Number of births to women in age group / Mid-year population of women in that age group) × 1,000, enabling detailed fertility pattern analysis.
ASFR isolates fertility behavior within specific age groups: (Number of births to women in age group / Mid-year population of women in that age group) × 1,000, enabling detailed fertility pattern analysis.
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Accountancy and Statistics
Statistics
Question #3
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The Consumer Price Index for Industrial Workers (CPI-IW) is used mainly for:
Correct Answer: Option B
Explanation:
CPI-IW is used to adjust wages and allowances of industrial workers.
CPI-IW is used to adjust wages and allowances of industrial workers.
This question belongs to:
Accountancy and Statistics
Statistics
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