The base year of All India CPI (Combined) currently is: MCQ with Answer and Explanation

Question Report Error

The base year of All India CPI (Combined) currently is:

A. 2011-12

B. 2016

C. 2012

D. 2010

Answer: Option C

Solution (By JKExamLibrary)

The new series of CPI (Rural, Urban, Combined) has base year 2012.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error

If a coin is tossed 3 times, probability of exactly 2 heads is:

A. 1/4

B. 3/8

C. 1/2

D. 5/8

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
Favorable: HHT, HTH, THH → 3 out of 8.

This question belongs to: Accountancy and Statistics Statistics

Question #2 Report Error

Which of the following is true about WPI and CPI in India?

A. WPI covers only goods, CPI covers goods and services.

B. Both cover only goods.

C. CPI covers only goods, WPI covers goods and services.

D. Both cover goods and services.

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Correct Answer: Option A

Explanation:
WPI is limited to goods; CPI includes both goods and services.

This question belongs to: Accountancy and Statistics Statistics

Question #3 Report Error

In questionnaire design, which sequence of questions is most recommended?

A. Difficult and personal questions first, easy questions later

B. Random order to avoid bias

C. Demographic questions at the very beginning

D. Easy and general questions first, then difficult and sensitive questions

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
Starting with easy, non-threatening questions builds rapport; sensitive questions are placed at the end to reduce dropouts.

This question belongs to: Accountancy and Statistics Statistics

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