Introduction CBSE Questions & Answers

Introduction

This is Economics Class 11 Introduction CBSE Questions & Answers. There are 15 questions in this test with each question having around four answer choices.

Questions & Answers

1
Which statistical tools is used by stage of statistical study – analysis of data
  • A
    Percentage , Average
    Correct
  • B
    Table and graphs
  • C
    Array of data
  • D
    Census or sample
2
_______ are always scare in relation to _____
  • A
    Wants, means
  • B
    Means , wants
    Correct
  • C
    Wants , unlimited means
  • D
    Means, limited wants
3
Which of the following points highlight the importance of statistics in economics
  • A
    All of these
    Correct
  • B
    Inter-sect oral and inter-temporal comparisons
  • C
    Quantitative expression of economic problems
  • D
    Constructing of economic models
4
Drawing conclusion from the data analyzed is the stage of
  • A
    Analysis of data
  • B
    Presentation of data
  • C
    Collection of data
  • D
    Interpretation of data
    Correct
5
Which of the following will give qualitative data
  • A
    Marks in subject
  • B
    Beauty
    Correct
  • C
    Income earned
  • D
    All of these
6
“Statistics are like clay by which you can make a god or a devil as you please” Which limitation of statistics is highlighted here
  • A
    Results are true on an average
  • B
    statistics of numerical facts only
  • C
    Prone to misuse
    Correct
  • D
    study of aggregates only
7
Macro economics studies
  • A
    National Income
  • B
    Inflation
  • C
    All of these
    Correct
  • D
    Output
8
_____ is an act of abstinence from consumption
  • A
    Distribution
  • B
    Investment
  • C
    Saving
    Correct
  • D
    Production
9
Identify data which are statistics
  • A
    A young lady was run over by a speeding truck at 100 kms per hour
  • B
    Ram has Rs.5000 in his pocket
  • C
    A dog has 4 legs
  • D
    Birth rate in India is 18 per thousand compare to 8 per thousand in USA
    Correct
10
Identify the data which are not statistics
  • A
    Birth rate in India is 18 per thousand compare to 8 per thousand in USA
  • B
    There are 80 students in the class
    Correct
  • C
    Over the past 10 years India has won 60 test matches in cricket and lost 50
  • D
    Average height of 26 plus male people in India is 6 feet compared to 5 feet in Nepal
11
Read the data – It is stated that there are 300 students in art faculty, 400 in commerce faculty and 300 in science faculty .This data represents which characteristics of statistics
  • A
    None
  • B
    Numerically expressed
  • C
    Aggregate of facts
    Correct
  • D
    Affected by multiplicity of causes
12
30% rises in prices may due to reduction in supply, shortage of power, rise in wages etc. This shows which characteristics of statistics
  • A
    Placed in relation to each other
  • B
    Numerically expressed
  • C
    Affected by multiplicity of causes
    Correct
  • D
    Aggregate of facts
13
1 lac people attended the rally addressed by the Prime Minister in Delhi and 2 Lakh in Mumbai. These statistics are based on
  • A
    Estimation
    Correct
  • B
    Collection
  • C
    Reasonability
  • D
    Accuracy
14
Which of the following will give quantitative data
  • A
    Marks in exams
    Correct
  • B
    Beauty
  • C
    Learning skill
  • D
    Ability to sing
15
If it is said that per capita in India is Rs.18000 per annum it does not mean that income of each and every Indian is Rs. 18000 per annum.Which of the drawback of statistics is highlighted in this example
  • A
    Prone to misuse
  • B
    Used only by experts
  • C
    Result are true only on an average
    Correct
  • D
    Study of numerical facts