The National Sample Survey Office (NSSO) conducts surveys on: MCQ with Answer and Explanation

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The National Sample Survey Office (NSSO) conducts surveys on:

A. Wholesale prices

B. Consumer expenditure and employment

C. Stock market indices

D. Corporate profits

Answer: Option B

Solution (By JKSSB Mock Tests)

NSSO conducts socio-economic surveys, including consumer expenditure, employment-unemployment.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

To find the average of proportions, ratios, and percentages, the most appropriate mathematical average is:

A. Harmonic Mean

B. Median

C. Arithmetic Mean

D. Geometric Mean

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Correct Answer: Option D

Explanation:
Geometric mean is mathematically the only correct average for analyzing multiplicative processes like ratios and percentages.

This question belongs to: Accountancy and Statistics Statistics

Question #2

The Laspeyres index is criticized because it:

A. Uses current period quantities

B. Does not account for substitution effect

C. Satisfies time reversal test

D. Is difficult to compute

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Correct Answer: Option B

Explanation:
Laspeyres uses fixed base period weights, ignoring consumer substitution to cheaper goods.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Assertion (A): NRR is a more accurate measure of population replacement than GRR. Reason (R): NRR incorporates female mortality, while GRR does not.

A. Both A and R are true, and R is the correct explanation of A

B. Both A and R are true, but R is not the correct explanation of A

C. A is false but R is true

D. A is true but R is false

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Correct Answer: Option A

Explanation:
NRR adjusts for the probability that female births survive to reproductive ages, providing a realistic assessment of generational replacement, whereas GRR assumes all female births survive, overestimating replacement potential.

This question belongs to: Accountancy and Statistics Statistics

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