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

The CPI (Rural) and CPI (Urban) are released by:
A. National Statistical Office
B. Finance Ministry
C. Labour Bureau
D. RBI
Answer: Option A
Solution (By JKExamLibrary)
NSO compiles CPI for rural and urban areas separately.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
TFR is considered a better measure of fertility than CBR because it:
A. Eliminates the effect of age structure
B. Includes male population
C. Is simpler
D. Uses total population

Correct Answer: Option A


Explanation:
TFR is a synthetic measure that is independent of the population's age composition.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
If a population has a high proportion of young people, the crude death rate may be low even if age-specific rates are high. This is an example of:
A. Sampling error
B. Reverse causality
C. Direct standardization
D. Age structure effect

Correct Answer: Option D


Explanation:
A young population has fewer old people where mortality is high, thus CDR can be low.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
For two independent events A and B, P(A)=0.2, P(B)=0.5. P(A∪B) is:
A. 0.5
B. 0.1
C. 0.6
D. 0.7

Correct Answer: Option C


Explanation:
P(A∪B) = 0.2+0.5 - (0.2×0.5) = 0.7 - 0.1 = 0.6.

This question belongs to: Accountancy and Statistics Statistics