The CPI (Rural) and CPI (Urban) are compiled by: MCQ with Answer and Explanation

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The CPI (Rural) and CPI (Urban) are compiled by:

A. NITI Aayog

B. RBI

C. Central Statistics Office (NSO)

D. Labour Bureau

Answer: Option C

Solution (By JKExamLibrary)

The National Statistical Office (NSO), under MoSPI, compiles the CPI for rural, urban, and combined.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error

Which of the following describes the Natural Increase of a population?

A. Immigration - Emigration

B. Births + In-migration

C. Births - Deaths

D. (Births - Deaths) + (Immigration - Emigration)

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
Natural increase is driven purely by vital events (Births minus Deaths), ignoring migration.

This question belongs to: Accountancy and Statistics Statistics

Question #2 Report Error

In the context of attributes, the notation (Aβ) represents:

A. Number not having A and not having B

B. Number not having A but having B

C. Number having A but not B

D. Number having A and B

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
β means not B.

This question belongs to: Accountancy and Statistics Statistics

Question #3 Report Error

Paasche's price index formula is:

A. Σp₁q₀ / Σp₀q₀ × 100

B. Σp₁q₁ / Σp₀q₁ × 100

C. Σp₁q₁ / Σp₀q₀ × 100

D. Σp₁(q₀+q₁) / Σp₀(q₀+q₁) × 100

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
Paasche index uses current period quantities: Σp₁q₁ / Σp₀q₁ × 100.

This question belongs to: Accountancy and Statistics Statistics

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