# Quantitative techniques BA Hons Economics MCQs

**Question. The best fitting trend is one in which the sum of squares of residuals is:**

(a) Negative

(b) Least

(c) Zero

(d) high

## Answer

B

**Question. The secular trend is measured by the method of semi-averages when:**

(a) Time series based on yearly values

(b) Trend is linear

(c) Time series consists of even number of values

(d) Trend is non-linear

## Answer

B

**Question. If infant mortality rate (IMR) = 20 per 1000 and the total number of life births is 200 in a year, the number of infants dying before attaining age one is**

(a) 2

(b) 4

(c) 5

(d) 10

## Answer

B

**Question. The value of net reproduction rate (NRR) < 1 will result into**

(a) increase in population

(b) decrease in population

(c) constant in Population

(d) none of the above

## Answer

B

**Question. The annual crude birth rate is defined as**

(a) Annual births/Annual mean population x 1000

(b) Number of life births/Annual mean population x 100

(c) Specific birth rate/Mid-year total population x 1000

(d) Standard population/Mid-year total population x 1000

## Answer

A

**Question. Infant mortality rate is defined as age-specific death rate for infants under**

(a) 1 month

(b) 6 months

(c) 1 year of age

(d) 2 years of age

## Answer

C

**Question. Infant mortality rate is defined as**

(a) No. of mother death/Total live birth x 1000

(b) No. of mother/No. of child death at birth x 1000

(c) Death of infants within one year of birth/Total number of mother x 1000

(d) Death of infants within one year of birth/Total number of live birth x 1000

## Answer

D

**Question. Reproduction rates are of**

(a) two types

(b) three types

(c) four types

(d) six types

## Answer

A

**Question. The Gross Reproduction rate is used as a measure of**

(a) the female population

(b) the fertility in a population

(c) the age composition of a population

(d) the newly born children in a population

## Answer

B

**Question. When fertility rate is calculated on the basis of age distribution, it is called**

(a) Age fertility rate

(b) Total fertility rate

(c) General fertility rate

(d) Age-specific fertility rate

## Answer

D

**Question. Vital events mean such events of human life as**

(a) birth

(b) divorce

(c) morbidity

(d) all of the above

## Answer

D

**Question. Data concerning births, deaths, marriages and divorce are considered as**

(a) ordinal data

(b) nominal data

(c) vital statistics

(d) descriptive statistics

## Answer

C

**Question. In the computation of total fertility rate, we take into account**

(a) only male babies

(b) only female babies

(c) both male and female babies

(d) only the child-bearing age

## Answer

C

**Question. The product of the index number by another index number based on the same data with price and quantity interchanged should be equal to the ratio of aggregate value in the current to the aggregate value in the base year is**

(a) Time reversal test

(b) Circular test

(c) Factor Reversal Test

(d) Test of proportionality

## Answer

C

**Question. When index number is calculated for several variables, it is called:**

(a) Composite index

(b) Whole sale price index

(c) Simple index

(d) Price index

## Answer

A

**Question. Index numbers are useful only when data can be expressed in**

(a) Qualitative terms

(b) Quantitative terms

(c) Percentage

(d) Descending order

## Answer

B

**Question. Increase in the number of patients in the hospital due to heat stroke is:**

(a) Secular trend

(b) Irregular variation

(c) Seasonal variation

(d) Regular variation

## Answer

C

**Question. The method of moving average is used to find the:**

(a) Secular trend

(b) Seasonal variation

(c) Cyclical variation

(d) Irregular variation

## Answer

A

**Question. The rise and fall of a time series over periods longer than one year is called:**

(a) Seasonal variation

(b) Irregular variation

(c) Cyclical variation

(d) Moving average

## Answer

C

**Question. Which of the following is not a component of time series?**

(a) Regular variations

(b) Seasonal variations

(c) Irregular variations

(d) Cyclical variations

## Answer

A

**Question. Which of the following is an ideal index number?**

(a) Paasche’s index number

(b) Fisher’s index number

(c) Laspeyres’ index number

(d) Marshall-Edgeworth index number

## Answer

B

**Question. The difference between the actual value of the time series and the forecasted value is called:**

(a) Residual

(b) Sum of variation

(c) Sum of squares of residual

(d) Total of square variation

## Answer

A

**Question. The second degree parabola is fitted to the time series when the variations are:**

(a) Linear

(b) Nonlinear

(c) Random

(d) Semi-linear

## Answer

A

**Question. In the measurement of trend, semi-average method is desired to be applied only when the trend is**

(a) Convex and semi-convex

(b) Non-linear

(c) Quadratic and concave

(d) Linear or approximately linear

## Answer

D

**Question. Laspeyres’ index formula uses the weight of the**

(a) Previous year

(b) Current year

(c) Base year

(d) Next year

## Answer

C

**Question. The crude birth rate is the ratio of number of life birth during a year to the**

(a) mid year population

(b) total number of women

(c) total number of births in a year

(d) total number of married women

## Answer

A

**Question. The annual rate of natural increase can be computed by**

(a) adding the crude death rate from the crude birth rate

(b) subtracting the crude death rate from the crude birth rate

(c) dividing the crude birth rate from the crude death rate

(d) multiplying the crude birth rate from the crude death rate

## Answer

B

**Question. If net reproduction rate (NRR) = 1, it indicates a tendency to**

(a) increase in population

(b) decrease in population

(c) constant in Population

(d) none of the above

## Answer

C

**Question. The crude birth rate of a given year tells us at what rate births have augmented**

(a) the fertility of the population

(b) the population at a point of time

(c) the population over the course of the year

(d) the age distribution over the course of the year

## Answer

C

**Question. If maternal mortality rate (MMR) is 16 per 1000 and total number of live birth is 250 in a year, then the number of mother die at the birth of child is**

(a) 1

(b) 3

(c) 4

(d) 6

## Answer

C

**Question. With the help of maternal mortality rates, it is possible to find out the probability of**

(a) a women dying from child birth

(b) a women dying from reproduction age

(c) a widow dying during the fertility period

(d) None of the above

## Answer

A

**Question. If the majority of births are those of boys the population is bound to**

(a) increase

(b) decrease

(c) amplify

(d) remain the same

## Answer

B

**Question. Which of the following assumptions is not the property required for a stationary population?**

(a) constant size

(b) constant age composition

(c) constant sex composition

(d) constant rate of emigration and immigration

## Answer

C

**Question. Theoretically the gross reproduction rate can range from**

(a) 0-5

(b) 10-15

(c) 15-20

(d) 20-50

## Answer

A

**Question. If annual death is 1040 per 1000 and the annual mean population is 45000 in Narang Locality, the crude death rate in that locality is**

(a) 0.023

(b) 2.311

(c) 23.11

(d) 1040

## Answer

C

**Question. If total number of female children born is 2520 in a year and number of female children survived is 2074.08, the gross reproduction rate (GRR) per women is**

(a) 1.25 per women

(b) 2.52 per women

(c) 25.2 per women

(d) 252 per women

## Answer

B

**Question. Gross reproduction rate adjusted for the effects of mortality is called**

(a) specific fertility rate

(b) general fertility rate

(c) the reproduction rate

(d) the net reproduction rate

## Answer

D

**Question. Vital index is a**

(a) short term measure

(b) medium term measure

(c) long term measure

(d) lifetime term measure

## Answer

A

**Question. Vital rates are customarily expressed as**

(a) percentages

(b) per thousand

(c) per lakh

(d) per million

## Answer

A

**Question. If the gross reproduction rate of a population is exactly 1, it indicates that**

(a) the population would decline

(b) the population would increase

(c) the sex under consideration is exactly replacing itself

(d) it inflates the number of potential mothers

## Answer

C

**Question. The risk of dying from causes associated with child-birth is measured by the**

(a) specific rate

(b) corrected rate

(c) infant mortality rate

(d) maternal mortality rate

## Answer

D

**Question. Infant mortality rate varies in different countries according to**

(a) age and sex

(b) age and place

(c) time and place

(d) time and scale

## Answer

C

**Question. Population censuses are generally undertaken at**

(a) 1 year interval

(b) 5 years interval

(c) 10 years interval

(d)15 years interval

## Answer

C

**Question. The simplest measure of population growth is**

(a) the crude birth rate

(b) the adjusted birth rate

(c) the general fertility rate

(d) the crude rate of natural increase

## Answer

D

**Question. If the value of net reproduction rate (NRR) > 1, the population will in general tend to**

(a) increase

(b) decrease

(c) constant

(d) none of the above

## Answer

A

**Question. The accuracy of gross reproduction rate depends on the accuracy with which**

(a) age specific fertility rates can be computed

(b) age standardised fertility rates can be computed

(c) age of a mother at registration can be estimated

(d) age of a widow at registration can be estimated

## Answer

A

**Question. The rates for reproductive span of life is from**

(a) 13 to 38 years of age

(b) 14 to 45years of age

(c) 15 t0 49 years of age

(d) 18 to 55 years of age

## Answer

C

**Question. The crude death rate usually lies between**

(a) 2 and 10 per 1,000.

(b) 4 and 15 per 1,000

(c) 8 and 30 per 1,000

(d) 10 and 45 per 1,000

## Answer

B

**Question. The level of the crude death rate is determined by**

(a) the economy of the population

(b) the fertility of the population

(c) the mortality of the population

(d) the fecundity of the population

## Answer

C

**Question. The production of goods is decreasing, this stage is called:**

(a) Recovery

(b) Boom

(c) Prosperity

(d) Recession

## Answer

D

**Question. The cost of living index number is essentially a**

(a) Simple index number

(b) Weighted index number

(c) Cross index number

(d) Retail price index number

## Answer

D

**Question. Purchasing power of money can be assessed through:**

(a) Simple index

(b) Fisher’s index

(c) Composite index

(d) Consumer price index

## Answer

D

**Question. Time Reversal Test was developed by**

(a) J.M Keynes

(b) Laspeyre

(c) Irving Fisher

(d) Paasche

## Answer

C

**Question. A business cycle has:**

(a) Two stages

(b) Three stages

(c) Four stages

(d) None

## Answer

C

**Question. A price relative is**

(a) An imaginary number

(b) A complex number

(c) A pure number

(d) None of these

## Answer

C

**Question. Most of the time series relating to economic and business phenomena conform to the**

(a) Additive model

(b) Mixed model

(c) Percentage model

(d) Multiplicative model

## Answer

D

**Question. The long term trend of a time series graph appears to be:**

(a) Straight-line

(b) Upward

(c) Parabolic curve or third degree curve

(d) Downward

## Answer

C

**Question. Which of the following is an example of seasonal variations?**

(a) Death rate decreased due to advance in science

(b) Birth rate increased due to invention of new medicine

(c) Sudden increase in death rates caused by wars

(d) The sale of air condition increases during summer

## Answer

D

**Question. The four components of a time series are not necessarily**

(a) Mutually dependent

(b) Mutually independent

(c) Equilibrium

(d) Not equilibrium

## Answer

B

**Question. If the period of moving average is equal to the period of the cycle, the smoothing is perfect and we have**

(a) A straight line trend

(b) A reverse trend

(c) A circle line trend

(d) A curvature line trend

## Answer

A

**FILL IN THE BLANK**

**Question. Time series analysis are mostly divided into two model, multiplicative model and _____________.**

## Answer

Additive model

**Question. A time series is a sequence of observation on a variable made at regular interval of time and arranged in _____________.**

## Answer

Chronological order

**Question. In demography the term ________ refers to the actual production of children.**

## Answer

fertility

**Question. A third population is called a ________ population.**

## Answer

standard

**Question. An old population can exhibit a relatively ________ crude death rate even if longevity is high.**

## Answer

high

**Question. The crude birth rate is the ________ method of measuring fertility.**

## Answer

simplest

**Question. Standardised death rate is also called ________ death rate.**

## Answer

adjusted

**Question. The female rate is generally ________ than the male rate in crude death rate.**

## Answer

lower

**Question. Both fertility and are ________ taken into account while calculating net reproduction rate.**

## Answer

mortality

**Question. Price index of year 2 with base year 1 is written as P12, then price index of year 1 with base year 0 is written as _____________.**

## Answer

P_{01}

**Question. There are _____________ major types of variation or components of a time series.**

## Answer

Four

**Question. In economics, an explanation of the forces of inflation and depression is sought to be given with the help of _____________**

## Answer

Time series analysis

**Question. A price index number measures changes in the general level of prices of a group of _____________.**

## Answer

Commodities

**Question. In the regression equation Y = 75.65 +0.50x, the intercept is _____________.**

## Answer

75.65

**Question. Regression is the estimation of unknown values of one variable from the known value of _____________**

## Answer

Other variables

**Question. The line of regression of Y on X is used to estimate the value of dependent variable of Y for any given value of independent _____________**

## Answer

Variable X

**Question. If observations on two variables are given in the form of ranks and not numerical values, we compute _____________ between the two series.**

## Answer

Rank correlation

**Question. In the equation of a straight line, Y = mx + c the term, m is the _____________.**

## Answer

slop

**Question. If correlation coefficient (r) equal to -1 it shows a _____________.**

## Answer

Perfect negative correlation

**Question. The crude death rate measures the ________ in the population due to deaths.**

## Answer

decrease

**Question. The gross reproduction rate differs from total fertility rate only in the ________**

## Answer

numerator

**Question. Still birth are not included in the ________ deaths.**

## Answer

infant

**Question. All the girls born do not ________ till they reach the child bearing age.**

## Answer

survive

**Question. In gross reproduction rate only the ________ babies are taken into account.**

## Answer

female

**Question. ________reproduction rate is the best measure of population growth.**

## Answer

Net

**Question. Net reproduction rate could in theory range from zero to ________**

## Answer

five

**Question. Laspeyre’s Index has _____________ bias**

## Answer

Up ward

**Question. The fluctuation in the time series are usually due to a number of forces known as _____________ of the time series.**

## Answer

Components

**Question. The index number of prices helps us to compare changes in prices in a particular year or month with the prices in a _____________.**

## Answer

Base year

**Question. Fisher’s index number is called an ideal index number because it satisfies both the time reversal and _____________ tests.**

## Answer

Factor reversal

**Question. Laspeyre’s Index Number uses base year quantities as _____________.**

## Answer

Weights

**Question. If the gross reproduction rate of population is more than 1, the population would ________**

## Answer

increase

**Question. ________ companies are interested in deaths occurring at different ages of the population.**

## Answer

insurance

**Question. Net reproduction rate can never ________ gross reproduction rate.**

## Answer

exceed

**Question. The infant mortality rate serves as an excellent index of the general ________ of the society.**

## Answer

healthiness

**Question. Paasche’s Index Number uses ……… ………………… quantity as weights.**

## Answer

Current year

**Question. The specific death rate are the true and best measure of ________**

## Answer

mortality

**Question. Negative regression coefficient indicates that the movement of the variables is in _____________ direction**

## Answer

opposite

**Question. Under partial correlation the relationship of two variables is estimated by eliminating the effect of others _____________**

## Answer

variables

**Question. If coefficient of correlation ‘r’ = 0.8, the coefficient of Alienation is _____________**

## Answer

0.6