In India, the consumer price index for agricultural labourers (CPI-AL) is compiled by: MCQ with Answer and Explanation

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In India, the consumer price index for agricultural labourers (CPI-AL) is compiled by:

A. NSSO

B. Labour Bureau

C. CSO

D. RBI

Answer: Option B

Solution (By JKSSB Mock Tests)

Labour Bureau compiles CPI-AL and CPI-RL (rural labourers).

This question belongs to: Accountancy and Statistics Statistics

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Question #1

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If a population has a high infant mortality rate, its life expectancy at birth is likely:

A. Unaffected

B. High

C. Equal to fertility

D. Low

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Correct Answer: Option D

Explanation:
High infant deaths reduce the average life expectancy.

This question belongs to: Accountancy and Statistics Statistics

Question #2

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Which index number formula uses the unweighted geometric mean of price relatives?

A. Jevons

B. Fisher

C. Paasche

D. Laspeyres

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Correct Answer: Option A

Explanation:
The Jevons index is the geometric mean of the price relatives, giving equal weight to each item.

This question belongs to: Accountancy and Statistics Statistics

Question #3

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Net migration rate is calculated as the difference between in-migrants and out-migrants per:

A. 1000 population

B. Square kilometer

C. 1000 births

D. Working-age population

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Correct Answer: Option A

Explanation:
Net migration rate = (Immigrants - Emigrants) / Mid-year population × 1000.

This question belongs to: Accountancy and Statistics Statistics

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