# MCQs for Economics Class 11 with Answers Chapter 1 Introduction

Students of class 11 Economics should refer to MCQ Questions Class 11 Economics Introduction with answers provided here which is an important chapter in Class 11 Economics NCERT textbook. These MCQ for Class 11 Economics with Answers have been prepared based on the latest CBSE and NCERT syllabus and examination guidelines for Class 11 Economics. The following MCQs can help you to practice and get better marks in the upcoming class 11 Economics examination

## Chapter 1 Introduction MCQ with Answers Class 11 Economics

MCQ Questions Class 11 Economics Introduction provided below have been prepared by expert teachers of grade 11. These objective questions with solutions are expected to come in the upcoming Standard 11 examinations. Learn the below provided MCQ questions to get better marks in examinations.

Question. The statistics is concerned with:
(a) Aggregate of organised facts
(b) Aggregate of disorganised facts
(c) Aggregate of useless facts
(d) Aggregate of unrelated facts

A

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

B

Question. In singular sense Statistics means:
(a) statistical science
(b) statistical law
(c) both (a) and (b)
(d) none of these

C

Question. With regards to distrust of Statistics which of the following statements is not correct?
(a) Statistics is a rainbow of lies
(b) Statistics are tissues of falsehood
(c) Statistics express the facts in numbers
(d) There are three kinds of lies-lies, damned lies and statistics

C

Question. Statistics Is Applied In..
(a) Economics
(c) Commerce And Industry
(d) All Of These

D

Question. Stages Of Statistical Study Are…
(a) 2
(b) 3
(c) 5
(d) 6

C

Question. Statistics is:
(a) Facts
(b) Presentation
(c) Numerical data
(d) None of these.

B

Question. The First Stage Of Statistical Study Is..
(a) Analysis Of Data
(b) Presentation Of Dat(A).
(c) Organisation Of Data
(d) Collection Of Dat(A).

D

Question. Which of the following is an economic activity?
(a) Production
(b) Consumption
(c) Distribution
(d) All of these

D

Question. The aggregate of data is called:
(a) Statistics
(b) editing of data
(c) analysis of data
(d) collection of data

A

Question. Which of the following is correct regarding Statistics?
(a) Aggregate of facts
(b) Numerically expressed
(c) Affected by multiplicity of causes
(d) All of these

D

Question. Which of the following statements is not an example of Statistics?
(a) Birth rate in India is 18 per thousand as compared to 8 per thousand in the US.
(b) Ramesh has a Rs. 100 note in his pocket.
(c) Over the last 10 years, India has won 60 text matches in cricket and lost 50.
(d) Average pocket allowance of the students of Class XI is Rs. 500 per month.

B

Question. Statistics as a plural noun indicates:
(a) Statistical methods
(b) Descriptive statistics
(c) Statistical data
(d) Inductive statistics

C

Question. Statistics in singular sense includes:
(a) Collection of data
(b) Organisation of data
(c) Presentation of data
(d) All of the above

D

Question. Which of the following statements 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

B

Question. The word ‘statistics’ is used as:
(a) Singular
(b) Plural
(c) Singular and Plural both
(d) None

C

Question. Statistics is the science of analysing:
(a) Qualitative data
(b) Quantitative data
(c) Any kind of data
(d) Both (a) and (b)

B

Question. The process of converting raw material into goods is called:
(a) production
(b) saving
(c) investment
(d) exchange

A

Question. He is known as father of statistics:
(a) Bowley
(b) Bodington
(c) Gottfried Achenwall
(d) None of these.

B

Question. Name of the book by Kautilya:
(a) Economics
(b) Varta
(c) Krishna, Valmiki and Vashista
(d) None of these.

A

Question. Arthashashtra originated in:
(a) 17th century
(b) 18th century
(c) 19th century
(d) None of the above.

B

Question. Which Is Not Considered As An Economic Activity ?
(a) Banking
(b) Sujata Helping Her Mother In The Kitchen
(c) Agriculture

B

Question. Statistics is defined in terms of numerical data in the:
(a) Singular Sense
(b) Plural Sense
(c) Either (a) or (b)
(d) Both (a) and (b)

B

Question. Distrust of statistics is due to:
(a) Misuse of statistics
(b) Insufficient statistical methods
(c) Scope of statistics is limited
(d) Limitations of statistics

A

Question. The proper use of statistics can be made by:
(a) Cheats
(b) Everyone
(c) Experts
(d) Common Man

C

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

D

Question. Statistics as a singular noun means:
(a) Statistical data
(b) Statistical methods
(c) Inductive statistics
(d) Descriptive statistics