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
It deals with the collection, presentation, analysis and interpretation of quantitative information. This statement defines
  • A
    statistics in singular sense
    Correct
  • B
    statistics in plural sense
  • C
    Both
  • D
    None
2
A person who buys goods and services for the satisfaction of human wants
  • A
    Service holder
  • B
    Merchant
  • C
    Consumer
    Correct
  • D
    Producer
3
Service holder is
  • A
    A person who gives services to others for a payment
  • B
    A person who buys goods and services for the satisfaction of human wants
  • C
    A person who produces goods
  • D
    A person who is working or in a job and gets paid for it
    Correct
4
Economics is divided into three parts
  • A
    Consumption, Production and Data collection
  • B
    Conserve, Product and Distribution
  • C
    Consumption, Production and Distribution
    Correct
  • D
    Consumption, Capital and Data collection
5
Which of the following is not the character of statistics in plural form
  • A
    Collected in a systematic manner
  • B
    Aggregate of facts
  • C
    Numerically expressed
  • D
    Collection of data
    Correct
6
Arrange stages in a statistical investigation (a) Collection of data( (b) Analysis of data ( (c) Presentation of data( (d) Organization of data( (e) Interpretation of data. (Options are
  • A
    a,c,d,b,e
    Correct
  • B
    c,a,d,b,e
  • C
    a,e,b,d,c
  • D
    a,d,c,b,e
7
Identify non-economic activity
  • A
    None
  • B
    Production of goods
  • C
    Buying and selling of goods
  • D
    Distribution of goods as charity
    Correct
8
It is a process which is concerned with sale and purchase of commodities
  • A
    Production
  • B
    Distribution
  • C
    Investment
  • D
    Exchange
    Correct
9
Economics that deals with economic problems as a whole are called
  • A
    Macro economics
    Correct
  • B
    Both
  • C
    None
  • D
    Micro economics
10
Production is
  • A
    The process of using up utility value of goods and services for the direct satisfaction of our wants
  • B
    Process of converting raw material into useful things
    Correct
  • C
    None
  • D
    Both
11
It is the part of income which is not consumed
  • A
    Saving
    Correct
  • B
    Interest
  • C
    Consumption
  • D
    Production
12
The study of mankind in the ordinary business of life
  • A
    Environment
  • B
    Economy
  • C
    Economics
    Correct
  • D
    Econometric
13
The activity which is related to the use of scar resources
  • A
    Both
  • B
    None economic activity
  • C
    None
  • D
    Economic activity
    Correct
14
Following are the non economic activities except
  • A
    Parental activities
  • B
    Distribution activities
    Correct
  • C
    Charitable activities
  • D
    Social activities
15
Non economic activities are
  • A
    Concerned with money
  • B
    Not concerned with money
    Correct
  • C
    None
  • D
    Concerned with investment