McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Master of Commerce (M.com) , Bachelor of Commerce (B Com) .
| 201. |
A forecast that projects company’s sale is the |
| A. | economic forecast |
| B. | technological forecast |
| C. | demand forecast |
| D. | financial forecast |
| Answer» C. demand forecast | |
| 202. |
The sales of wool and umbrella are associated with the components of which of the time series |
| A. | seculaar trend |
| B. | seasonal variation |
| C. | irregular vatiation |
| D. | cyclical variation |
| Answer» B. seasonal variation | |
| 203. |
If the slope of the trend line is positive, it shows |
| A. | rising trend |
| B. | dclining trend |
| C. | stagnation |
| D. | uncontrollable |
| Answer» A. rising trend | |
| 204. |
Index numbers are expressed in: |
| A. | Ratios |
| B. | Squares |
| C. | Percentages |
| D. | Combinations |
| Answer» C. Percentages | |
| 205. |
Index for base period is always taken as: |
| A. | 100 |
| B. | One |
| C. | 200 |
| D. | Zero |
| Answer» A. 100 | |
| 206. |
Another name of consumer's price index number is: |
| A. | Whole-sale price index number |
| B. | Cost of living index |
| C. | Sensitive |
| D. | Composite |
| Answer» B. Cost of living index | |
| 207. |
Laspeyre's index = 110, Paasche's index = 108, then Fisher's Ideal index is equal to: |
| A. | 110 |
| B. | 108 |
| C. | 100 |
| D. | 109 |
| Answer» D. 109 | |
| 208. |
An orderly set of data arranged in accordance with their time of occurrence is called: |
| A. | Arithmetic series |
| B. | Harmonic series |
| C. | Geometric series |
| D. | Time series |
| Answer» D. Time series | |
| 209. |
Increase in the number of patients in the hospital due to heat stroke is: |
| A. | Secular trend |
| B. | Irregular variation |
| C. | Seasonal variation |
| D. | Cyclical variation |
| Answer» C. Seasonal variation | |
| 210. |
In time series seasonal variations can occur within a period of: |
| A. | Four years |
| B. | Three years |
| C. | Two years |
| D. | One year |
| Answer» D. One year | |
| 211. |
In a straight line equation Y = a + bX; b is the: |
| A. | Y-intercept |
| B. | Slope |
| C. | X-intercept |
| D. | Trend |
| Answer» B. Slope | |
| 212. |
In business and economics, index numbers can be classified as |
| A. | price index numbers |
| B. | quantity index numbers |
| C. | value index numbers |
| D. | All of the above |
| Answer» D. All of the above | |
| 213. |
__________ ignore(s) the relative importance of the commodities being measured. |
| A. | Simple Aggregative Method |
| B. | Weighted Aggregative Method |
| C. | Neither methods |
| D. | Both methods |
| Answer» A. Simple Aggregative Method | |
| 214. |
The time reversal test is not satisfied by 16 |
| A. | Laspeyres’ Method |
| B. | Paasche’s Method |
| C. | Neither of the above |
| D. | Both of the above |
| Answer» D. Both of the above | |
| 215. |
The circular test is satisfied by |
| A. | Laspeyres’ Index |
| B. | Paasche’s Index |
| C. | Fisher’s Ideal Index |
| D. | None of the above |
| Answer» D. None of the above | |
| 216. |
The components or a time series are |
| A. | Secular trend |
| B. | Irregular variation |
| C. | Cyclical variation |
| D. | All of the above |
| Answer» D. All of the above | |
| 217. |
The coefficient of correlation |
| A. | Has no limit |
| B. | Can be less than 1 |
| C. | Can be more than 1 |
| D. | Varies between + 1 |
| Answer» D. Varies between + 1 | |
| 218. |
Index number are expressed in |
| A. | Ratios |
| B. | Squares |
| C. | Percentages |
| D. | Combinations |
| Answer» C. Percentages | |
| 219. |
Index for base period is always taken as |
| A. | 100 |
| B. | 0 |
| C. | 200 |
| D. | None of the above |
| Answer» A. 100 | |
| 220. |
Symbolically time reversal test is given as |
| A. | Po1 x P10 |
| B. | Po1 x P10 = 1 |
| C. | Po1 x P10 ≠ 1 |
| D. | None of the above |
| Answer» B. Po1 x P10 = 1 | |
| 221. |
Consumer price index indicates |
| A. | Rise |
| B. | Fall |
| C. | Both (a) and (b) |
| D. | None of the above |
| Answer» C. Both (a) and (b) | |
| 222. |
Fisher’s ideal index number is the geometric mean of the |
| A. | Laspeyre’s and Marshall Edgeworth indices |
| B. | Laspeyre’s and Paasche’s indices |
| C. | Both (a) and (b) |
| D. | None of the above |
| Answer» B. Laspeyre’s and Paasche’s indices | |
| 223. |
A time series consists of |
| A. | Short-term variation |
| B. | Long-term variation |
| C. | Irregular variation |
| D. | All the above |
| Answer» D. All the above | |
| 224. |
An index which is constructed from a group of variables is considered as: |
| A. | Composite index |
| B. | Univariate index |
| C. | Multiple index |
| D. | None of the above |
| Answer» A. Composite index | |
| 225. |
Purchasing power of money can be accessed through: |
| A. | Simple index |
| B. | Fisher’s index |
| C. | Consumer price index |
| D. | Volume index |
| Answer» C. Consumer price index | |
| 226. |
If the price of commodity’ X’ is 4 in the year 2003 and 5 in the year 2004. Then, the price index for the year 2004, used 2003 as base year is: |
| A. | 100 |
| B. | 125 |
| C. | 130 |
| D. | 135 |
| Answer» B. 125 | |
| 227. |
Laspeyres index = 110, Paasche's index = 108, then Bowley’s index is equal to: |
| A. | 110 |
| B. | 108 |
| C. | 100 |
| D. | 109 |
| Answer» D. 109 | |
| 228. |
A time series consists of: |
| A. | Seasonal variations |
| B. | Cyclical variations |
| C. | Irregular variations |
| D. | All of the above |
| Answer» D. All of the above | |
| 229. |
Changes that have taken place as a result of such forces that could not be predicted like floods, earthquakes, famines, etc is known as: |
| A. | Secular trend |
| B. | Seasonal movements |
| C. | Irregular variations |
| D. | Cyclical variations |
| Answer» C. Irregular variations | |
| 230. |
In semi averages method, the given data is divided into: |
| A. | Two equal parts |
| B. | Three equal parts |
| C. | Four equal parts |
| D. | Difficult to tell |
| Answer» A. Two equal parts | |
| 231. |
The additive model of the time series is: |
| A. | Y = T + S + C + I |
| B. | Y = TSCI |
| C. | Y = a + bX |
| D. | Y = a + bX + cX |
| Answer» A. Y = T + S + C + I | |
| 232. |
Two matrices A and B are multiplied to get AB if |
| A. | Both are rectangular |
| B. | Both have same order |
| C. | No of columns of A is equal to columns of B |
| D. | No of rows of A is equal to rows of B |
| Answer» C. No of columns of A is equal to columns of B | |
| 233. |
Transpose of a column matrix is |
| A. | Zero matrix |
| B. | Diagonal matrix |
| C. | Column matrix |
| D. | Row matrix |
| Answer» D. Row matrix | |
| 234. |
The determinant of identity matrix is : |
| A. | 1 |
| B. | 0 |
| C. | Depends on the matrix |
| D. | None of the above |
| Answer» A. 1 | |
| 235. |
The matrix [6] is |
| A. | Square matrix |
| B. | Row matrix |
| C. | Column matrix |
| D. | All of the above |
| Answer» D. All of the above | |
| 236. |
If matrix A is of order m×n then the matrix of order n×m is called |
| A. | Transpose of A |
| B. | Inverse of A |
| C. | Main diagonal of A |
| D. | Echelon form of A |
| Answer» A. Transpose of A | |
| 237. |
Which of the following is true? |
| A. | A.B = A’.B |
| B. | (c) A.B = A.B’ |
| C. | (AB)’ = B’.A’ |
| D. | (d) (A=B)’ = A’. B’ |
| Answer» B. (c) A.B = A.B’ | |
| 238. |
Two matrices A and B are multiplied to get AB if, |
| A. | both are rectangular |
| B. | both have the same order |
| C. | number of columns of A is equal to number of rows of B |
| D. | number of rows of A is equal to number of columns of B |
| Answer» C. number of columns of A is equal to number of rows of B | |
| 239. |
A matrix having ‘m’ rows and ‘n’ columns with m≠n is said to be a |
| A. | Scalar Matrix |
| B. | Identity Matrix |
| C. | Square Matrix |
| D. | Null Matrix |
| Answer» A. Scalar Matrix | |
| 240. |
4 6 3 is a |
| A. | Row Matrix |
| B. | Column Matrix |
| C. | Identity Matrix |
| D. | Square Matrix |
| Answer» A. Row Matrix | |
| 241. |
Increase in the number of patients in the hospital due to stroke is |
| A. | Secular trend |
| B. | Irregular variation |
| C. | Seasonal variation |
| D. | Cyclical variation |
| Answer» C. Seasonal variation | |
| 242. |
Damages due to floods, droughts and strikes fires are associated with the components of which of the time series |
| A. | Secular trend |
| B. | Cyclical variation |
| C. | Seasonal variation |
| D. | Irregular variation |
| Answer» D. Irregular variation | |
| 243. |
Transpose of rectangular matrix is a |
| A. | Rectangular matrix |
| B. | Diagonal matrix |
| C. | Square matrix |
| D. | Scaler matrix |
| Answer» A. Rectangular matrix | |
| 244. |
Two matrices A and B are multiplied to get AB if |
| A. | Both are rectangular |
| B. | Both have same order |
| C. | Number of columns of A is equal to columns of B |
| D. | Number of rows of A is equal to columns of B |
| Answer» C. Number of columns of A is equal to columns of B | |
| 245. |
Transpose of row matrix is a |
| A. | Zero matrix |
| B. | Diagonal matrix |
| C. | Column matrix |
| D. | Row matrix |
| Answer» C. Column matrix | |
| 246. |
Cramer’s rule fails for |
| A. | Determinants > 0 |
| B. | Determinants < 0 |
| C. | Determinants = 0 |
| D. | None of the above |
| Answer» C. Determinants = 0 | |
| 247. |
Cramer’s Rule is not suitable for which type of problems? |
| A. | Small systems with 4 unknowns |
| B. | Systems with 2 unknowns |
| C. | Large systems |
| D. | None of the above |
| Answer» C. Large systems | |
| 248. |
The element residing in the 3rd column and 4th row is represented by: |
| A. | (a)a12 |
| B. | (b) a43 |
| C. | (c) a34 |
| D. | NOTA |
| Answer» B. (b) a43 | |
| 249. |
A matrix that has elements in the horizontal line only is known as: |
| A. | Square Matrix |
| B. | Determinant |
| C. | Row Matrix |
| D. | Column Matrix |
| Answer» C. Row Matrix | |
| 250. |
For the equations 2x-y=5;3x+2y=-3; The values of x and y are |
| A. | -1 and 3 |
| B. | 1 and -3 |
| C. | 2 and 3 |
| D. | NOTA |
| Answer» B. 1 and -3 | |
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