Correct Answer:- Option-A
Question47:-Conspicuous goods are also known as
A:-Prestige goods
B:-Snob goods
C:-Veblen goods
D:-All of these
Correct Answer:- Option-D
Question48:-A market structure in which many firm sells products that are similar but not identical is known as
A:-Monopoly
B:-Monopolistic competition
C:-Perfect competition
D:-Oligopoly
Correct Answer:- Option-B
Question49:-When the monopolist divides the consumers into separate sub markets and charges different prices in these
sub markets, it is known as
A:-First degree of price discrimination
B:-Second degree of price discrimination
C:-Third degree of price discrimination
D:-None of these
Correct Answer:- Option-C
Question50:-A statistical measure based upon the entire population is called
A:-Parameter
B:-Inference
C:-Statistic
D:-Attribute
Correct Answer:- Option-A
Question51:-The number of observations falling within a group is called
A:-Frequency
B:-Density
C:-Both
D:-None
Correct Answer:- Option-A
Question52:-If two samples of sizes 30 and 20 have means as 55 and 60 and variances as 16 and 25 respectively, then what
would be the SD of the combined sample of size 507
A:-5.00
B:-5.06
6:3
0-5
Correct Answer:- Option-B
Question53:-In which of the following equation the relationship between mean, median and mode is established?
A:-mean - mode = 2 (mean - median)
B:-mean - median = 3 {(mean - mode)
C:-mean - median = 2 (mean - mode)
D:-mean - mode = 3 (mean - median)
Correct Answer:- Option-D
Question54:-If the sum of squares of difference of ranks given by two judges A and B, of 8 students is 21, what is the value
of rank comrelation co-efficient?

Correct Answer:- Option-B
Question55:-Which of the following index number satisfies circular test 7
A:-Fisher's index number
B:-Paasche's index number
C:-Laspeyre's Index number
D:-None of these
Correct Answer:- Option-D
Question56:-Which among the following is not an accounting equation 7
A:-Asset=capital+ Liabilities