In India, the consumer price index for agricultural labourers (CPI-AL) is compiled by: MCQ with Answer and Explanation

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In India, the consumer price index for agricultural labourers (CPI-AL) is compiled by:

A. RBI

B. Labour Bureau

C. CSO

D. NSSO

Answer: Option B

Solution (By JKExamLibrary)

Labour Bureau compiles CPI-AL and CPI-RL (rural labourers).

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error

A decrease in the crude death rate with an unchanged crude birth rate will cause the rate of natural increase to:

A. Increase

B. Become zero

C. Remain unchanged

D. Decrease

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Correct Answer: Option A

Explanation:
Natural increase = CBR - CDR. If CDR falls, the difference increases.

This question belongs to: Accountancy and Statistics Statistics

Question #2 Report Error

Cumulative frequency for a class interval represents:

A. The frequency of that class only

B. The difference between the upper and lower class limits

C. The sum of frequencies of all classes up to and including that class

D. The average frequency across all classes

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Correct Answer: Option C

Explanation:
Cumulative frequency is the running total of frequencies, calculated by adding the frequency of each class to the sum of frequencies of all preceding classes, useful for percentile calculations.

This question belongs to: Accountancy and Statistics Statistics

Question #3 Report Error

The 'source' of data in a table is usually given:

A. In the stub

B. In a footnote at the bottom

C. In the box-head

D. In the title

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Correct Answer: Option B

Explanation:
Source note is placed at the bottom of a table.

This question belongs to: Accountancy and Statistics Statistics

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