Which index method is best suited when a new commodity is introduced frequently over consecutive years? MCQ with Answer and Explanation

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Which index method is best suited when a new commodity is introduced frequently over consecutive years?

A. Laspeyres Method

B. Simple Aggregative Method

C. Fixed Base Index

D. Chain Base Index

Answer: Option D

Solution (By JKSSB Mock Tests)

The Chain Base method allows for the easy inclusion or deletion of items year-by-year, maintaining relevance.

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Neonatal mortality refers to deaths during the first:

A. 24 hours

B. 28 days

C. 1 year

D. 7 days

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Correct Answer: Option B

Explanation:
Neonatal period is the first 28 days of life.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Infant mortality rate (IMR) is expressed as:

A. Infant deaths per 1000 women

B. Infant deaths per 1000 live births

C. Infant deaths per 1000 mid-year population

D. Infant deaths per 1000 children

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Correct Answer: Option B

Explanation:
IMR = (deaths < 1 year / live births) × 1000.

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Question #3

The population policy of India emphasizes:

A. Decreasing female education

B. Increasing mortality

C. Promoting migration

D. Delayed marriage and child spacing

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Correct Answer: Option D

Explanation:
National Population Policy promotes family planning, delayed marriage, and spacing.

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