If Net Reproduction Rate (NRR) is less than 1, the population will eventually: MCQ with Answer and Explanation

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If Net Reproduction Rate (NRR) is less than 1, the population will eventually:

A. Increase

B. Become zero

C. Decrease

D. Remain constant

Answer: Option C

Solution (By JKSSB Mock Tests)

NRR < 1 indicates each generation is not replacing itself, leading to decline.

This question belongs to: Accountancy and Statistics Statistics

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

A. 2010

B. 2016

C. 2011-12

D. 2012

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Correct Answer: Option D

Explanation:
The current CPI series has base year 2012.

This question belongs to: Accountancy and Statistics Statistics

Question #2

General Fertility Rate (GFR) uses denominator as:

A. Women aged 15-49

B. Total male population

C. Married women only

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Correct Answer: Option A

Explanation:
GFR relates births to the female population of reproductive age.

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Question #3

Laspeyres price index uses which quantity weights?

A. Current period quantities

B. Geometric mean of quantities

C. Average of base and current quantities

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Correct Answer: Option D

Explanation:
Laspeyres index = Σ(p₁q₀)/Σ(p₀q₀) × 100, using base period quantities (q₀) as weights, which may overstate inflation if consumers substitute away from goods with rising prices.

This question belongs to: Accountancy and Statistics Statistics

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