The CPI-IW base year 2016 is compiled by: MCQ with Answer and Explanation

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The CPI-IW base year 2016 is compiled by:

A. RBI

B. NSO

C. Labour Bureau

D. CSO

Answer: Option C

Solution (By JKSSB Mock Tests)

Labour Bureau compiles CPI-IW.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

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Standardized death rate removes the effect of:

A. Age composition differences

B. Sex ratio differences

C. Urban-rural differences

D. Income differences

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Correct Answer: Option A

Explanation:
Age standardization adjusts for differing age structures between populations.

This question belongs to: Accountancy and Statistics Statistics

Question #2

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Which of the following is a use of index numbers?

A. Measuring inflation

B. Measuring area

C. Measuring literacy

D. Measuring population growth

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Correct Answer: Option A

Explanation:
Index numbers are widely used to track changes in price levels, cost of living, etc.

This question belongs to: Accountancy and Statistics Statistics

Question #3

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Neonatal mortality rate is a subset of:

A. Crude death rate

B. Maternal mortality rate

C. Infant mortality rate

D. Perinatal mortality rate only

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Correct Answer: Option C

Explanation:
Neonatal deaths (0-28 days) are part of infant deaths (0-1 year).

This question belongs to: Accountancy and Statistics Statistics

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