Which country has the largest population according to current estimates (2023)? MCQ with Answer and Explanation

Which country has the largest population according to current estimates (2023)?
A. USA
B. India
C. Indonesia
D. China
Answer: Option B
Solution (By JKSSB Mock Tests)
As of 2023, India surpassed China to become the world's most populous country.

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Practice More Statistics Questions

Question #1
Purchasing power of money is computed as:
A. National Income / Price Index
B. Wholesale Price Index / Cost of Living Index
C. 1 / Consumer Price Index
D. Consumer Price Index / 100

Correct Answer: Option C


Explanation:
Purchasing power of money is the reciprocal of the price index; as prices rise, the value of money falls.

This question belongs to: Accountancy and Statistics Statistics
Question #2
In a random experiment, the set of all possible outcomes is called:
A. Event
B. Trial
C. Sample space
D. Outcome set

Correct Answer: Option C


Explanation:
Sample space is the collection of all elementary outcomes of an experiment.

This question belongs to: Accountancy and Statistics Statistics
Question #3
Which type of classification is used when data is grouped according to time periods such as years, months, or quarters?
A. Qualitative classification
B. Quantitative classification
C. Chronological classification
D. Spatial classification

Correct Answer: Option C


Explanation:
Chronological classification organizes data based on time sequences, enabling analysis of trends, patterns, and changes over specific periods like years or months.

This question belongs to: Accountancy and Statistics Statistics