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

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Gross Reproduction Rate (GRR) ignores:

A. Mortality

B. Female births

C. Male births

D. Fertility

Answer: Option A

Solution (By JKSSB Mock Tests)

GRR does not account for the mortality of women; it measures potential reproduction.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

The notation (αβ) indicates items that:

A. Possess both A and B

B. Possess neither A nor B

C. Possess A but not B

D. Possess B but not A

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Correct Answer: Option B

Explanation:
α is not A, β is not B, so (αβ) = items without A and without B.

This question belongs to: Accountancy and Statistics Statistics

Question #2

If the current WPI is 140 and base year WPI is 100, the inflation rate is:

A. 28.6%

B. 100%

C. 140%

D. 40%

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Correct Answer: Option D

Explanation:
Inflation rate = (140 - 100)/100 × 100% = 40%.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Which test of index numbers is violated by Laspeyres index?

A. Factor reversal test

B. Circular test

C. Time reversal test

D. Unit test

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Correct Answer: Option C

Explanation:
Laspeyres does not satisfy time reversal test; P₀₁(L) × P₁₀(L) ≠ 1.

This question belongs to: Accountancy and Statistics Statistics

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