The Consumer Price Index for Industrial Workers (CPI-IW) is published by: MCQ with Answer and Explanation

Question

Share Report Error

The Consumer Price Index for Industrial Workers (CPI-IW) is published by:

A. Reserve Bank of India

B. Labour Bureau, Shimla

C. NITI Aayog

D. Central Statistics Office

Answer: Option B

Solution (By JKSSB Mock Tests)

The Labour Bureau compiles CPI-IW.

This question belongs to: Accountancy and Statistics Statistics

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Statistics Questions

Question #1

The de facto method of census enumeration counts:

A. Only permanent residents

B. All usual residents regardless of location

C. All persons present in the country at the census moment

D. Only citizens

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
De facto method enumerates people where they are found on census night, including temporary visitors.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Laspeyres price index uses quantities of:

A. None of the above

B. Current period as weights

C. Both periods equally

D. Base period as weights

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option D

Explanation:
Laspeyres = Σp₁q₀ / Σp₀q₀ × 100, using base quantities.

This question belongs to: Accountancy and Statistics Statistics

Question #3

The crude birth rate does not account for:

A. Age and sex composition

B. Mid-year population

C. Total population

D. Number of live births

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option A

Explanation:
CBR uses total population as denominator, ignoring the proportion of women of childbearing age.

This question belongs to: Accountancy and Statistics Statistics

Explore All Statistics MCQs