Which country has the largest population according to current estimates (2023)? MCQ with Answer and Explanation

Which country has the largest population according to current estimates (2023)?
A. India
B. China
C. USA
D. Indonesia
Answer: Option A
Solution (By JKExamLibrary)
As of 2023, India surpassed China to become the world's most populous country.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
Classification of data on the basis of attributes like gender or color is called:
A. Quantitative classification
B. Geographical classification
C. Chronological classification
D. Qualitative classification

Correct Answer: Option D


Explanation:
When data are grouped by descriptive characteristics (attributes), it is qualitative classification.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
The chain base index number is calculated by:
A. Applying Fisher's formula
B. Linking fixed base index numbers
C. Taking average of Laspeyres and Paasche
D. Using link relatives and chaining them

Correct Answer: Option D


Explanation:
Chain indices are built by multiplying link relatives (current period relative to previous period).

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
Consistency of attribute data requires that all ultimate class frequencies must be:
A. Zero
B. Non-negative
C. Equal
D. Negative

Correct Answer: Option B


Explanation:
All ultimate frequencies like (AB), (Aβ), etc., must be ≥ 0 for data to be consistent.

This question belongs to: Accountancy and Statistics Statistics