CA CPT - Quantitative Aptitude - Index Numbers

Buy CA CPT Practice test pack

Question - 1

A series of numerical figures which show the relative position is called

  • A Index no
  • B Relative no
  • C Absolute no
  • D None

Question - 2

A ratio or an average of ratios expressed as a percentage is called

  • A A relative no
  • B An absolute no
  • C An index no
  • D None

Question - 3

The index number is a special type of-

  • A Parameter
  • B Sample
  • C Average
  • D None of the above

Question - 4

Index nos. show _____________ changes rather than absolute amounts of change.

  • A Relative
  • B Percentage
  • C Both
  • D None

Question - 5

An index time series is a list of ____________ numbers for two or more periods of time.

  • A Index
  • B Absolute
  • C Relative
  • D None

Question - 6

P01 is the index for time.

  • A 1 on 0
  • B 0 on 1
  • C 1on 1
  • D 0 on 0

Question - 7

P10 is the index for time.

  • A 1 on 0
  • B 0 on 1
  • C 1 on 1
  • D 0 on 0

Question - 8

_____________is a point of reference in comparing various data describing individual behaviour.

  • A Sample
  • B Base period
  • C Estimation
  • D None

Question - 9

Index number for the base period is always taken as

  • A 200
  • B 50
  • C 1
  • D 100

Question - 10

The value at the base time period serves as the standard point of comparison

  • A False
  • B True
  • C Both
  • D None