The base year of the current Consumer Price Index (CPI) in India is: MCQ with Answer and Explanation

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The base year of the current Consumer Price Index (CPI) in India is:

A. 2016

B. 2011-12

C. 2012

D. 2010

Answer: Option C

Solution (By JKSSB Mock Tests)

The new series of CPI (Rural, Urban, Combined) has base year 2012.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

In a mail survey, which technique can help increase the response rate?

A. Making the questionnaire extremely long

B. Eliminating follow-up reminders

C. Providing a cover letter explaining the study's importance

D. Using complex wording

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Correct Answer: Option C

Explanation:
A well-written cover letter that explains the purpose and assures confidentiality can motivate respondents to participate.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Maternal Mortality Ratio (MMR) is expressed per:

A. 100,000 live births

B. 1000 live births

C. 1000 women

D. 10,000 live births

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Correct Answer: Option A

Explanation:
MMR is the number of maternal deaths per 100,000 live births.

This question belongs to: Accountancy and Statistics Statistics

Question #3

An ogive is used to determine:

A. Mean

B. Median

C. Standard deviation

D. Mode

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Correct Answer: Option B

Explanation:
The median can be read from the ogive at the N/2 cumulative frequency.

This question belongs to: Accountancy and Statistics Statistics

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