Check the below NCERT MCQ Class 11 Economics Chapter 1 Introduction with Answers available with PDF free download. MCQ Questions for Class 11 Economics with Answers were prepared based on the latest syllabus and examination pattern issued by CBSE, NCERT and KVS. Our teachers have provided below Introduction Class 11 Economics MCQs Questions with answers which will help students to revise and get more marks in exams
Introduction Class 11 Economics MCQ Questions with Answers
Refer below for MCQ Class 11 Economics Chapter 1 Introduction with solutions. Solve questions and compare with the answers provided below
Question. …………….. Method is suitable for small size of population
(D). None of these
Question. Data are collected by the investigator himself:
(C) Both A and B
(D) None of the above
Question. Frequency is the number of ——–an observation repeats in the series-
Question. Census method is suitable for that investigation in which…………….
(A). The size of population
(B). High degree of accuracy is not required
(C). There are widely diverse items
(D). Why there is no need for a thorough examination of items
Question. In Plural sense, which of the following is not a characteristic of Statistics?
(A). Aggregate of Data
(B). Only expressed in words
(C). Affected by multiplicity of causes
(D). Collected in a systematic manner
Question. Tabulation is, arranging data in –
(A). Rows and graphs
(B). Rows and columns
(C). Rows and diagrams
(D) . Diagrams and graphs
Question. Which of the following statement is incorrect?
(A). Resources have alternative uses
(B). All numbers are Statistics
(C). Macroeconomics studies large aggregates
(D). Statistics studies only the aggregates of quantitative facts
Question. Which is not considered as an economic activity?
(B). Sujata helping her mother in the kitchen
Question. For drawing Lottery ……………….. Sampling is used.
Question. Which of the following is not a function of Statistics?
(A). Economic forecasting
(B). Economic equilibrium
(C). Political equilibrium
(D). Construction of economic models
Question. Data collected for the first time from the source of origin is called …,……………
(A). Primary data
(B). Secondary data
(C). Internal data
(D). None of these
Question. Which Of The Following Indicates A Stage Of Statistical Study?
(A). Collection of Data
(B). Presentation of Data
(C). Analysis of Data
(D). All of these
Question. Census of India, collect data related to ………………..
(B). National Income
Question. Which of the following is a method of secondary data?
(A). Direct personal investigation
(B). Direct oral investigation
(C). Collection of information through questionnaire.
(D). None of these
Question. The term statistics was first used by
(A). Gottfried Achenwall
(B). Paul A Samuelson
(C). Lord Robinson
(D). J.B. Say
Question. “Economics is the study of economic welfare” who said this:
(B). Prof. Pigou
(C). J. K. Mehta
Question. Statistics is:
(C). Numerical data
(D). None of these.
Fill in the blanks:
Question. Adam Smith is known as …………………………. of Economics.
Question. Collection is an example of ……………………….
Question. When six economists gather they have …………………………. opinion.
State true or false:
Question. “Principles of Economics” is written by Pigou.
Question. Statistics is not important in speculation market.
Answer in one word:
Question. Who wrote the book, “Discovery of Nation’s Wealth and Reasons”?
Answer: Adam Smith
Question. Who gave analytical definition of economics?
Question. What are economic goods?
Answer: The goods which are made by humans are called economic goods.
Question. Who is known as service provider?
Answer: The person who works for others for remuneration is called service provider.
Question. What is economic activity?
Answer: Activities which are performed to earn wealth are called economic activities.
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