The crude birth rate of a population is 30 per 1000 and crude death rate is 8 per 1000. The natural increase rate is: MCQ with Answer and Explanation

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The crude birth rate of a population is 30 per 1000 and crude death rate is 8 per 1000. The natural increase rate is:

A. 2.2%

B. 38 per 1000

C. 3.75%

D. 22 per 1000

Answer: Option D

Solution (By JKExamLibrary)

Natural increase = CBR - CDR = 30-8 = 22 per 1000.

This question belongs to: Accountancy and Statistics Statistics

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Paasche's Price Index uses:

A. Fixed arbitrary weights

B. Current year quantities as weights

C. Average of base and current year quantities

D. Base year quantities as weights

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Correct Answer: Option B

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Paasche uses current year quantities, which makes it reflective of current consumption patterns but suffers from downward bias.

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CPI (Rural, Urban, Combined) data is released by:

A. RBI

B. National Statistical Office (NSO)

C. Ministry of Finance

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Correct Answer: Option B

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Question #3 Report Error

If (A)=80, (B)=60, N=100, and (AB)=50, the value of (Aβ) is:

A. 20

B. 40

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Correct Answer: Option C

Explanation:
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