Gross Reproduction Rate (GRR) considers only: MCQ with Answer and Explanation

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Gross Reproduction Rate (GRR) considers only:

A. Infant deaths

B. Female births

C. Total births

D. Male births

Answer: Option B

Solution (By JKSSB Mock Tests)

GRR measures the average number of daughters a woman would bear in her reproductive life.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

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Given the following ASFR (per 1000 women) for 5-year age groups: 15-19:20, 20-24:150, 25-29:120, 30-34:80, 35-39:30, 40-44:10, 45-49:5. The TFR (children per woman) is approximately:

A. 2.08

B. 1.5

C. 2.075

D. 415

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Correct Answer: Option C

Explanation:
Sum of ASFRs = 415 per 1000. TFR = 5 × 415/1000 = 2075/1000 = 2.075 children per woman.

This question belongs to: Accountancy and Statistics Statistics

Question #2

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If P(A) = 0.4, P(B) = 0.5, and A and B are independent events, what is P(A ∪ B)?

A. 0.1

B. 0.9

C. 0.2

D. 0.7

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Correct Answer: Option D

Explanation:
For independent events, P(A ∩ B) = 0.4 × 0.5 = 0.2. Using the addition theorem: P(A ∪ B) = 0.4 + 0.5 - 0.2 = 0.7.

This question belongs to: Accountancy and Statistics Statistics

Question #3

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Factor reversal test requires that the product of a price index and its corresponding quantity index equals:

A. 1

B. Current year value

C. Base year value

D. Value index

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Correct Answer: Option D

Explanation:
The product should equal the value ratio Σp₁q₁/Σp₀q₀, i.e., the value index.

This question belongs to: Accountancy and Statistics Statistics

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