Statistics MCQs

Accountancy and Statistics

Statistics MCQs

Practice complete Statistics MCQs covering Primary & Secondary Data, Data Collection Methods, Questionnaire, Tabulation & Compilation of Data, Measures of Central Tendency, Probability, Theory of Attributes, Index Numbers, Demography, Census, Vital Statistics, Fertility Measures, and all other important topics. Includes chapter-wise and exam-oriented multiple choice questions with detailed answers and explanations for JKSSB, SSC, Banking, UPSC, CUET, University, and other competitive exams.

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Total Questions

Practice Questions

Page 5 of 66
Question #81
The base year for the current series of Wholesale Price Index (WPI) introduced in 2017 is:
A. 2017-18
B. 2015-16
C. 2004-05
D. 2011-12
Discuss
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Correct Answer: Option D

Explanation:
The base year of the revised WPI series launched in 2017 is 2011-12.
This question belongs to: Accountancy and Statistics Statistics
Question #82
Consumer Price Index (CPI) measures changes in:
A. Retail prices of a fixed basket of goods and services
B. Wholesale prices
C. Export prices
D. Industrial production
Discuss
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Correct Answer: Option A

Explanation:
CPI tracks the average change over time in the prices paid by consumers for a market basket of goods and services.
This question belongs to: Accountancy and Statistics Statistics
Question #83
Factor reversal test requires that the product of a price index and its corresponding quantity index equals:
A. Current year value
B. 1
C. Value index
D. Base year value
Discuss
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Correct Answer: Option C

Explanation:
The product should equal the value ratio Σp₁q₁/Σp₀q₀, i.e., the value index.
This question belongs to: Accountancy and Statistics Statistics
Question #84
Chain base index numbers are constructed using:
A. Fixed base year weights
B. Average of Laspeyres and Paasche
C. Link relatives with shifting base
D. Geometric mean of price relatives only
Discuss
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Correct Answer: Option C

Explanation:
Chain indices are compiled by linking relative changes (link relatives) where each period is compared with the immediately preceding period.
This question belongs to: Accountancy and Statistics Statistics
Question #85
Cost of Living Index numbers are also known as:
A. Sensex
B. Consumer price index
C. Index of industrial production
D. Wholesale price index
Discuss
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Correct Answer: Option B

Explanation:
Cost of Living Index measures changes in retail prices of goods and services consumed by households, essentially the Consumer Price Index.
This question belongs to: Accountancy and Statistics Statistics
Question #86
The study of human population, its size, composition, and distribution is called:
A. Anthropology
B. Demography
C. Ethnography
D. Sociology
Discuss
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Correct Answer: Option B

Explanation:
Demography is the scientific study of human populations, including size, structure, and distribution.
This question belongs to: Accountancy and Statistics Statistics
Question #87
Which of the following is a feature of a good census?
A. All of the above
B. Periodicity
C. Simultaneity
D. Universal coverage within a defined territory
Discuss
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Correct Answer: Option A

Explanation:
A modern census requires universal coverage, simultaneous enumeration, and regular periodicity (usually 10 years).
This question belongs to: Accountancy and Statistics Statistics
Question #88
The Census of India is conducted every:
A. 12 years
B. 5 years
C. 15 years
D. 10 years
Discuss
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Correct Answer: Option D

Explanation:
India conducts its decennial census once every ten years; the last was in 2011, the next in 2021 (postponed).
This question belongs to: Accountancy and Statistics Statistics
Question #89
Population density is defined as:
A. Total population divided by urban area
B. Number of households per square kilometer
C. Number of persons per square kilometer
D. Total population divided by total arable land
Discuss
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Correct Answer: Option C

Explanation:
Population density is commonly expressed as the number of persons per unit area, usually per sq. km.
This question belongs to: Accountancy and Statistics Statistics
Question #90
According to Census 2011, the most populous state in India is:
A. Uttar Pradesh
B. Bihar
C. Maharashtra
D. West Bengal
Discuss
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Correct Answer: Option A

Explanation:
Uttar Pradesh has the highest population among Indian states as per Census 2011.
This question belongs to: Accountancy and Statistics Statistics
Question #91
The concept of 'population momentum' refers to:
A. Tendency of population to grow despite declining fertility due to large reproductive-age population
B. Increase in life expectancy
C. Urbanization rate
D. Net migration
Discuss
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Correct Answer: Option A

Explanation:
Population momentum is the built-in growth potential resulting from a young age structure, even if fertility drops to replacement level.
This question belongs to: Accountancy and Statistics Statistics
Question #92
Which of the following is NOT a source of demographic data?
A. Stock exchange reports
B. Civil registration system
C. Census
D. Sample surveys like NFHS
Discuss
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Correct Answer: Option A

Explanation:
Stock exchange reports provide financial data, not population statistics.
This question belongs to: Accountancy and Statistics Statistics
Question #93
Crude Birth Rate is expressed per:
A. 1000 women
B. 1000 live births
C. 100 population
D. 1000 population
Discuss
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Correct Answer: Option D

Explanation:
CBR = (Number of live births in a year / Mid-year total population) × 1000.
This question belongs to: Accountancy and Statistics Statistics
Question #94
Vital statistics are primarily concerned with:
A. Economic indicators
B. Industrial production
C. Events like births, deaths, marriages
D. Agricultural output
Discuss
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Correct Answer: Option C

Explanation:
Vital statistics deal with vital events such as births, deaths, marriages, and divorces.
This question belongs to: Accountancy and Statistics Statistics
Question #95
The registration of births and deaths in India is governed by:
A. The Public Health Act
B. The Vital Statistics Act, 1971
C. The Census Act, 1948
D. The Registration of Births and Deaths Act, 1969
Discuss
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Correct Answer: Option D

Explanation:
The RBD Act, 1969 provides for the compulsory registration of births and deaths in India.
This question belongs to: Accountancy and Statistics Statistics
Question #96
Which of the following is a measure of fertility?
A. Maternal Mortality Ratio
B. Standardized Death Rate
C. Infant Mortality Rate
D. Total Fertility Rate
Discuss
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Correct Answer: Option D

Explanation:
Total Fertility Rate (TFR) measures the average number of children a woman would bear; it's a fertility measure.
This question belongs to: Accountancy and Statistics Statistics
Question #97
General Fertility Rate (GFR) is the number of live births per:
A. 1000 married women
B. 1000 live births
C. 1000 women of reproductive age (15-49)
D. 1000 total population
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Correct Answer: Option C

Explanation:
GFR = (Live births / Women aged 15-49) × 1000, focusing on the population at risk.
This question belongs to: Accountancy and Statistics Statistics
Question #98
If there were 5000 live births in a year and the number of women aged 15-49 was 25,000, the GFR per 1000 women is:
A. 20
B. 500
C. 5
D. 200
Discuss
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Correct Answer: Option D

Explanation:
GFR = (5000 / 25000) × 1000 = 0.2 × 1000 = 200 per 1000 women.
This question belongs to: Accountancy and Statistics Statistics
Question #99
Age Specific Fertility Rate (ASFR) for age group 20-24 uses denominator:
A. Total population
B. Total women
C. Total births
D. Women aged 20-24
Discuss
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Correct Answer: Option D

Explanation:
ASFR = (Births to women in age group) / (Number of women in that age group) × 1000.
This question belongs to: Accountancy and Statistics Statistics
Question #100
Total Fertility Rate (TFR) is obtained by summing age-specific fertility rates, and if 5-year age groups are used, the sum is multiplied by:
A. 2
B. 1000
C. 5
D. 1
Discuss
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Correct Answer: Option C

Explanation:
TFR = 5 × Σ ASFR_i (when ASFRs are per 1000 women for 5-year age groups) to get children per woman.
This question belongs to: Accountancy and Statistics Statistics

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