Check the below NCERT MCQ Class 11 Economics Chapter 2 Collection of Data 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 Collection of Data Class 11 Economics MCQs Questions with answers which will help students to revise and get more marks in exams
Collection of Data Class 11 Economics MCQ Questions with Answers
Refer below for MCQ Class 11 Economics Chapter 2 Collection of Data with solutions. Solve questions and compare with the answers provided below
Question. What kind of data are contained in the census of population and national income estimates, for the government?
(A) Primary data
(B) Secondary data
(C) Internal data
(D) None of these
Answer
D
Question. When the population under study is in finite, sample survey should be used.
Choose the most appropriate option from the given below.
(A) True
(B) False
(C) Partially true
(D) Incomplete statement
Answer
A
Question. Indirect oral investigation lacks A accuracy.
Choose the most appropriate option from given below.
(A) True
(B) False
(C) Partially true
(D) Incomplete information
Answer
A
Question. Choose the incorrect pair from the options given below. C
A. Includes all items of the universe under study | (i) Census method |
B. Includes only specified items of the universe under study | (ii) Sample method |
C. A set of questions prepared for collecting information for a pre-determined purpose | information for a pre-determined purpose (iii) Schedule |
D. Source of data which cannot be cent per cent correct | (iv) Secondary data |
Codes
(a) A –(i) (b) B – (ii)
(c) C – (iii) (d) D – (iv)
Answer
C
Question. Quota sampling is type of ……… .
(A) judgement sampling
(B) random sampling
(C) non-random sampling
(D) None of the above
Answer
C
Question. During the Corona outbreak in India, the entire country was locked down initially for 21 days except for essential services. Different news channels are reporting from different parts of the country. This is an example of
(A) indirect oral investigation
(B) information received from local correspondents
(C) information from government official source
(D) None of the above
Answer
B
Question. Choose the incorrect pair.
Column I | Column II |
A. Statistical error | (i) Difference between collected data and actual values |
B. Primary data | (ii) First hand information |
C. Enumerator | (iii) Person who conducts a statistical enquiry |
D. Respondent | (iv) Targeted population |
Codes
(a) A – (i)
(b) B – (ii)
(c) C – (iii)
(d) D – (iv)
Answer
C
Question. Which of the following statistical errors is/are avoidable?
(A) Sampling
(B) Non-sampling
(C) Random
(D) All of the above
Answer
A
Question. The world is facing the covid pandemic even now. During its initial days, government of India conducted tests of citizens on a frequent interval to ensure that virus does not spread to the community. This is an example of which of the following types of survey?
(A) Sample survey
(B) Census survey
(C) Both (A) and (B)
(D) Descriptive survey
Answer
A
Question. Which method should be used to collect data where data is sensitive?
(A) Indirect oral investigation
(B) Information received from local correspondents
(C) Information from mailed questionnaire
(D) Telephonic conversation
Answer
D
Question. Data collected fromsecondary sources are
(A) collected with the objective different from the study for which it was primarily used
(B) more reliable as compared to primary sources
(C) not available in published form
(D) All of the above
Answer
A
Question. In the world of changing consumer presences for various goods and services, which of the following method should be used to collect data by the companies to matchup with the expectations of people?
(A) Direct personal investigation
(B) Indirect oral investigation
(C) Information through local correspondents
(D) Any of the above
Answer
C
Question. Secondary data is available only from external sources. Choose from the options below.
(A) True
(B) False
(C) Partially true
(D) Incomplete statement
Answer
A
Question. An investigator can take help of trained professional to collect which of the following data?
(A) Internal Data
(B) Primary Data
(C) Secondary Data
(D) All of these
Answer
B
Question. Under which of the following method, population is divided into small groups and then data is collected at random from each group?
(A) Stratified sampling
(B) Cluster sampling
(C) Judgement sampling
(D) None of these
Answer
A
Question. The method of collecting data which considers all units of the universe is known as ……… .
(A) Census method
(B) Sample method
(C) Both (A) and
(D) (D) None of these
Answer
A
Question. Lottery method is used under
(A) random sampling
(B) quota sampling
(C) purposive sampling
(D) judgement sampling
Answer
A
Question. Data collected on religion from census report is an example of ……… .
(A) sample data
(B) primary data
(C) secondary data
(D) Both (A) and (B)
Answer
C
Question. Which of the following is/are type(s) of non-random sampling?
(A) Judgement sampling
(B) Convenience sampling
(C) Quota sampling
(D) All of the above
Answer
D
Question. Exit polls are an example of ……… method of collecting data.
(A) census
(B) sampling
(C) investigation
(D) None of these
Answer
B
Question. A company tests few bulbs to predict about the life span of bulbs manufactured. It is an example of …… .
(A) random sampling
(B) judgement sampling
(C) convenience sampling
(D) None of the above
Answer
A
Question. In random sampling
(A) Cost involved is high
(B) Sample is biased
(C) Each unit has an equal probability of being selected
(D) All of the above
Answer
C
Question. Which of the following is/are true about census method?
(i) Census is suitable in case of both homogeneous and heterogeneous data
(ii) Census method conducts an extensive study of population
(iii) Census method is non-economical
(iv) Census method is useful even with vast area of investigation
Choose from the options below.
(A) (i) and (iii)
(B) (ii) and (iv)
(C) (ii) and (iii)
(D) (iii) and (iv)
Answer
C
Question. Which of the following is/are type(s) of restricted random sampling method?
(A) Stratified sampling
(B) Systematic sampling
(C) Multi-stage sampling
(D) All of the above
Answer
D
Question. Which is an economic activity?
(A) Production
(B) Consumption
(C) Distribution
(D) All of these
Answer
D
Question. Schedules are filled by the……………………………….
(A) Investigator
(B) Enumerator
(C) Respondent
(D) None of these
Answer
B
Question. In ………………….. Paper slips are made for each item of the universe.
(A) Tippet Table
(B) Lottery Method
(C) Both A and B
(D) None of these
Answer
B
Question. Which of the following is a merit of a good questionnaire?
(A) Difficulty
(B) Not in proper order
(C) Invalid questions
(D) Less number of questions
Answer
D
Question. The first stage of statistical study is …………………………..
(A) Analysis of data
(B) Presentation of data
(C) Organisation of data
(D) Collection of data
Answer
D
Question. Personal bias is possible under…………………….
(A) Random Sampling
(B) Purposive Sampling
(C) Stratified Sampling
(D) Quota Sampling
Answer
B
Question. Which of the following factors are considered when comparison between sampling and census method is made?
(A) Area of survey
(B) Accuracy of data
(C) Cost of collection
(D) All of these
Answer
D
Question. under which method, chits are taken out to form a sample –
(A) Lottery method
(B) Tippet’s method
(C) Sample method
(D) Convenience sampling
Answer
A
Question. Which of the following methods is used when an investigator collects the required information with the respondent?
(A) Direct personal investigation
(B) Indirect oral investigation
(C) Mailing surveys
(D) All of these
Answer
A
Question. Reliability of sampling data depends on……………………..
(A) Size of sample
(B) Method of sampling
(C) Training of enumerators
(D) All of these
Answer
D
Question. The process of converting raw material into goods is called …………….
(A) Production
(B) Saving
(C) Investment
(D) Exchange
Answer
A
Question. Exit Polls is an interesting example of …………………
(A) Haphazard Sampling
(B) Stratified Sampling
(C) Quota Sampling
(D) Random Sampling
Answer
D
Question. This method involves study of each and every item of the universe –
(A) Sample
(B) Census
(C) Random sampling
(D) Quota sampling
Answer
B
Question. Under random sampling, each item of the universe has ……………..chance of being selected.
(A) Equal
(B) Unequal
(C) Zero
(D) None of these
Answer
A
Case Based MCQ Questions Class 11 Economics Chapter 2 Collection of Data to Economics and Statistics
Direction Read the following case study and answer questions on the basis of the same.
ABC Corporation Limited is a company which produces garments: Mr Viaan, who is the manager of the company, keeps proper record of companies cost and revenue statement. In present time, due to rising competition from foreign companies as well as changing consumer’s taste and preferences, it has become really difficult for Mr Viaan to maintain ABC Corporation’s profit levels. In order to withstand foreign competition, Mr Viaan decided to conduct a survey to know about changing pattern of consumer’s demand across country. Also, in order to increase profits, it is important for the company to establish itself internationally by matching the demand of international buyer’s as well.
Question. Which of the following survey method should be used to know the changing demand of the buyers?
(a) Census method
(b) Sample method
(c) Personal investigation
(d) Either (a) or (b)
Answer
B
Question. The person who helps the investigator in collecting information is known as …….
(a) Enumerator
(b) Respondent
(c) Investigator
(d) None of these
Answer
A
Question. Which method of collecting primary data will be most suitable in the above situation?
(a) Direct personal investigation
(b) Indirect oral investigation
(c) Information through local correspondents
(d) None of the above
Answer
B
Question. Mr Viaan keeps proper record of statistical information related to the company. Which of the following source of data is represented in this case?
(a) Internal source of data
(b) External source of data
(c) Primary source of data
(d) Secondary source of data
Answer
A
Question. Consumer’s demand for garments changes regularly. Which of the following method of collecting primary data is most suitable in this situation?
(a) Direct personal interview
(b) Indirect oral interview
(c) Information through local correspondents
(d) Telephonic interview
Answer
C
Question. Investigator choose wrong samples for conducting the survey to know about change in demand trends. This is referred to as ……… error.
(a) sampling
(b) non-sampling
(c) biased
(d) Both (a) and (c)
Answer
A
Question. Assertion (A) Telephonic interviews can be substituted for the situation where information related to changing pattern of demand is required, provided respondents are reluctant to give information.
Reason (R) Statistical information plays a vital role for the companies to keep earning profits.
Alternatives
(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
(b) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is true, but Reason (R) is false
(d) Both are false
Answer
B
Direction Read the following case study and answer questions on the basis of the same.
You are Rohan Verma, an investigator who wish to conduct a survey to study the smoking behaviour of University students. For this reason, you prepared a questionnaire based upon the objective of the survey and keeping in mind the size of the target group, trained 5 people to complete the survey. Your target group comprised of 1,500 students across 10
different colleges. You followed all methods of statistics to ensure the accuracy of the data.
Question. Which of the following source of data is referred in the above situation?
(a) Primary data
(b) Secondary data
(c) Internal data
(d) None of these
Answer
A
Question. Most important step to be followed after preparing the questionnaire will be … .
(a) pre-testing
(b) post-testing
(c) pilot survey
(d) Both (a) and (c)
Answer
D
Question. Assertion (A) Indirect oral investigation method is less reliable but economical.
Reason (R) When information is collected from third party, information should be verified before analysis.
Alternatives
(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
(b) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is true, but Reason (R) is false
(d) Both are false
Answer
A
Direction Read the following case study and answer questions on the basis of the same.
The first and most popular data collection techniques for eliciting idiosyncratic emotion content are structured and semistructured in-depth interviews with open-ended and probing questions activating an athlete’s recall of thoughts and feelings prior to and during best and worst performances. It is usually recommended in pilot and exploratory studies to generate idiosyncratic labels and then to aggregate most selected items into a stimulus list or standardised emotion scale.
Case study research typically includes multiple data collection techniques and data are collected from multiple sources. Data collection techniques include interviews, observations (direct and participant), questionnaires, and relevant documents. The use of multiple data collection techniques and sources strengthens the credibility of outcomes and enables different interpretations and meanings to be included in data analysis. This is known as triangulation.
Question. The method discussed in the case study is a method of ……… .
(a) collecting primary data
(b) collecting secondary data
(c) conducting survey
(d) All of the above
Answer
A
Question. Triangulation refers to
(a) multiple data collection techniques and sources to strengthens the credibility of outcomes.
(b) enables different interpretations and meanings to be included in data analysis.
(c) Both (a) and (b)
(d) Neither (a) nor (b)
Answer
C
Question. Which are the multiple sources of collection of data available?
(a) Internal and External
(b) Primary and Secondary
(c) Both (a) and (b)
(d) Neither (a) nor (b)
Answer
A
Question. Assertion (A) Various methods of quantitative facts ensure credibility of information.
Reason (R) Unverified data leads to misleading conclusion and defeat the purpose of study.
Alternatives
(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
(b) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is true, but Reason (R) is false
(d) Both are false
Answer
A
Question. Open-ended surveys are those which includes ……… .
(a) fixed opinions
(b) varied opinions
(c) Both (a) and
(b) (d) Neither (a) nor (b)
Answer
B
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