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. Ministry of Finance

D. National Statistical Office (NSO)

Answer: Option D

Solution (By JKSSB Mock Tests)

The NSO compiles and releases CPI data.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

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Which method is suitable when the informants are not literate?

A. Mailed questionnaire

B. Online survey

C. Telephonic interview

D. Direct personal interview

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Correct Answer: Option D

Explanation:
Direct personal interview enables the enumerator to explain questions and record answers accurately, especially for illiterate respondents.

This question belongs to: Accountancy and Statistics Statistics

Question #2

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The base year of All India CPI (Combined) is:

A. 2011-12

B. 2010

C. 2012

D. 2016

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Correct Answer: Option C

Explanation:
The current CPI series has base year 2012.

This question belongs to: Accountancy and Statistics Statistics

Question #3

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The geometric mean of a set of 5 positive observations is 6. Four of them are 3, 6, 4, and 9. The fifth observation is:

A. 12

B. 18

C. 10

D. 8

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Correct Answer: Option A

Explanation:
G.M.^5 = 6^5 = 7776. Product of known four = 3*6*4*9 = 648. Fifth = 7776/648 = 12.

This question belongs to: Accountancy and Statistics Statistics

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