CPI (Rural, Urban, Combined) data is released by: MCQ with Answer and Explanation

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CPI (Rural, Urban, Combined) data is released by:

A. RBI

B. Labour Bureau

C. National Statistical Office (NSO)

D. Ministry of Finance

Answer: Option C

Solution (By JKSSB Mock Tests)

The NSO compiles and releases CPI data.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

The data (A)=100, (AB)=120 is:

A. Inconsistent

B. Complete association

C. Independence

D. Consistent

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Correct Answer: Option A

Explanation:
(AB) cannot exceed (A); thus data are inconsistent.

This question belongs to: Accountancy and Statistics Statistics

Question #2

If a constant is subtracted from all observations, the arithmetic mean:

A. Remains the same

B. Decreases by the same constant

C. Increases by the constant

D. Becomes zero

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Correct Answer: Option B

Explanation:
Mean changes by the same amount as the change in origin.

This question belongs to: Accountancy and Statistics Statistics

Question #3

If the mean of a set of observations is 0, it implies:

A. The observations are all positive

B. The sum of all values is zero

C. There are no negative observations

D. All values are zero

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Correct Answer: Option B

Explanation:
Mean = Σx / n. If mean = 0, then Σx = 0.

This question belongs to: Accountancy and Statistics Statistics

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