Census of India 2011 was the: MCQ with Answer and Explanation

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Census of India 2011 was the:

A. 13th census

B. 16th census

C. 15th census

D. 14th census

Answer: Option C

Solution (By JKSSB Mock Tests)

Since the first synchronous census in 1881, the 2011 census was the 15th decennial census.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

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The simple aggregative price index is:

A. Σp₁q₁ / Σp₀q₁ × 100

B. Σp₁ / Σp₀ × 100

C. √(L×P) × 100

D. Σp₁q₀ / Σp₀q₀ × 100

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Correct Answer: Option B

Explanation:
Simple aggregative index sums current prices, divides by sum of base prices, and multiplies by 100.

This question belongs to: Accountancy and Statistics Statistics

Question #2

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Which measure of central tendency minimizes the sum of absolute deviations?

A. Arithmetic mean

B. Median

C. Mode

D. Geometric mean

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Correct Answer: Option B

Explanation:
Median minimizes Σ|x - M|, while mean minimizes Σ(x - μ)².

This question belongs to: Accountancy and Statistics Statistics

Question #3

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If index number for year 2020 (Base 2010) is 150, it means:

A. Prices have increased by 50%

B. Prices are 1.5 times the 2020 prices

C. Prices have decreased by 50%

D. Prices have increased by 150%

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Correct Answer: Option A

Explanation:
An index of 150 implies current prices are 150% of the base year (which is 100), meaning a net increase of 50%.

This question belongs to: Accountancy and Statistics Statistics

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