The base year of the current Consumer Price Index (CPI) in India is: MCQ with Answer and Explanation
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Question #1
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General Fertility Rate (GFR) is more refined than Crude Birth Rate because it:
Correct Answer: Option D
Explanation:
GFR restricts the denominator to women aged 15-49, the biologically relevant group for childbearing, providing a more accurate measure of fertility intensity than CBR's total population denominator.
GFR restricts the denominator to women aged 15-49, the biologically relevant group for childbearing, providing a more accurate measure of fertility intensity than CBR's total population denominator.
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Accountancy and Statistics
Statistics
Question #2
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If a constant is added to all observations, which of the following measures changes?
Correct Answer: Option C
Explanation:
Adding a constant changes the mean but not measures of dispersion.
Adding a constant changes the mean but not measures of dispersion.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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Chain base index numbers are advantageous when:
Correct Answer: Option D
Explanation:
Chain base indices use the previous period as base, making them sensitive to recent changes and suitable for analyzing short-term fluctuations, though they complicate long-term comparisons.
Chain base indices use the previous period as base, making them sensitive to recent changes and suitable for analyzing short-term fluctuations, though they complicate long-term comparisons.
This question belongs to:
Accountancy and Statistics
Statistics
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