Net migration rate is calculated as the difference between in-migrants and out-migrants per: MCQ with Answer and Explanation

Net migration rate is calculated as the difference between in-migrants and out-migrants per:
A. Square kilometer
B. 1000 births
C. Working-age population
D. 1000 population
Answer: Option D
Solution (By JKExamLibrary)
Net migration rate = (Immigrants - Emigrants) / Mid-year population × 1000.

This question belongs to: Accountancy and Statistics Statistics

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Wholesale Price Index (WPI) in India is compiled by:
A. Office of Economic Adviser, DPIIT
B. NSSO
C. CSO
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Correct Answer: Option A


Explanation:
The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade compiles WPI.

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Question #2 Report Error
The Laspeyres index is criticized because it:
A. Is difficult to compute
B. Uses current period quantities
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Correct Answer: Option D


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Laspeyres uses fixed base period weights, ignoring consumer substitution to cheaper goods.

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An index number computed by taking the average of price relatives is known as:
A. Average of relatives index
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C. Chain index
D. Aggregative index

Correct Answer: Option A


Explanation:
Average of relatives method computes index as mean of (p₁/p₀ × 100).

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