Category: MCQ Questions

Check the below NCERT MCQ Questions for Class 11 Accountancy Chapter 13 Computerised Accounting System with Answers Pdf free download. MCQ Questions for Class 11 Accountancy with Answers were prepared based on the latest exam pattern. We have provided Computerised Accounting System Class 11 Accountancy MCQs Questions with Answers to help students understand the concept very well.

Computerised Accounting System Class 11 MCQs Questions with Answers

Computerised Accounting Facilitates Question 1.
What are the features of a computerized accounting system.
(a) It facilitates off-line input and storage of accounting data
(b) This system never fails
(c) It generates a print-out of purchase and sale invoices
(d) None of the above

Answer

Answer: (c) It generates a print-out of purchase and sale invoices

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Computerized Accounting MCQ Pdf Question 2.
What is not an advantages of a computerized accounting system.
(a) High Speed
(b) High Reliability
(c) Reduced training cost
(d) None of the above

Answer

Answer: (c) Reduced training cost

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Computerized Accounting MCQ Questions And Answers Pdf Question 3.
What are the types of a computerized accounting system.
(a) Ready to use Software
(b) Customized Software
(c) Tailor-made Software
(d) All of the above

Answer

Answer: (d) All of the above

---

Computerized Accounting MCQ Question 4.
What is the advantages of tailor-made software.
(a) These are ready made softwares
(b) Low cost
(c) High secrecy of data
(d) None of the above

Answer

Answer: (c) High secrecy of data

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Question 5.
What are the factors to be considered while source accounting software?
(a) Flexibility
(b) Adaptability
(c) Interest of management
(d) Both a & B

Answer

Answer: (d) Both a & B

---

Question 6.
Ram want to install a computerised accounting system but his budget is low. Which software he should opt for
(a) Ready to use Software
(b) Customized Software
(c) Tailor-made Software
(d) He can buy any of above, all cost same

Answer

Answer: (a) Ready to use Software

---

Question 7.
If an organisation want to develop a computerised accounting system according to its need as the business of organisation is complex. Which software it should opt for
(a) Ready to use Software
(b) Customized Software
(c) Tailor-made Software
(d) Any of above

Answer

Answer: (c) Tailor-made Software

---

Question 8.
What are the features of computerized accounting software?
(a) storage of accounting data and on-line input
(b) instantly produces different reports
(c) group different account
(d) All of the above

Answer

Answer: (d) All of the above

---

Question 9.
The ……….of a vendor is also an important factor to consider while opting for a computerized accounting software
(a) Level of profit
(b) Honesty
(c) Capability
(d) None of the above

Answer

Answer: (a) Level of profit

---

Question 10.
A software must be easy to…….
(a) Install
(b) Adapt
(c) Understand
(d) All of the above

Answer

Answer: (d) All of the above

---

We hope the given NCERT MCQ Questions for Class 11 Accountancy Chapter 13 Computerised Accounting System with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Accountancy Computerised Accounting System MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Get Chapter Wise MCQ Questions for Class 11 Accountancy with Answers PDF Free Download prepared here according to the latest CBSE syllabus and NCERT curriculum. Students can practice CBSE Class 11 Accountancy MCQs Multiple Choice Questions with Answers to score good marks in the examination.

Class 11 Accountancy MCQs Multiple Choice Questions with Answers

Practicing these CBSE NCERT Objective MCQ Questions of Class 11 Accountancy with Answers Pdf will guide students to do a quick revision for all the concepts present in each chapter and prepare for final exams.

MCQ Questions for Class 11 Accountancy: Financial Accounting

1. Introduction to Accounting Class 11 MCQ
2. Theory Base of Accounting Class 11 MCQ
3. Recording of Transactions 1 Class 11 MCQ
4. Recording of Transactions 2 Class 11 MCQ
5. Bank Reconciliation Statement Class 11 MCQ
6. Trial Balance and Rectification of Errors Class 11 MCQ
7. Depreciation, Provisions and Reserves Class 11 MCQ
8. Bills of Exchange Class 11 MCQ
9. Financial Statements 1 Class 11 MCQ
10. Financial Statements 2 Class 11 MCQ
11. Accounts from Incomplete Records Class 11 MCQ
12. Applications of Computers in Accounting Class 11 MCQ
13. Computerised Accounting System Class 11 MCQ
14. Structuring Database for Accounting Class 11 MCQ
15. Accounting System Using Database Management System Class 11 MCQ

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CS Executive MCQ & Important Questions and Answers 

• CS Executive Jurisprudence, Interpretation & General Laws Important Questions
• CS Executive Company Law Important Questions
• CS Executive Economic, Business and Commercial Laws Important Questions
• CS Executive Setting Up of Business Entities and Closure Important Questions
• CS Executive Securities Laws and Capital Markets Important Questions
• CS Executive Tax Laws MCQ
• CS Executive Corporate and Management Accounting MCQ
• CS Executive Financial and Strategic Management MCQ

We hope the given NCERT MCQ Questions for Class 11 Accountancy with Answers PDF Free Download will help you. If you have any queries regarding CBSE Class 11 Accountancy MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Check the below NCERT MCQ Questions for Class 11 Accountancy Chapter 5 Bank Reconciliation Statement with Answers Pdf free download. MCQ Questions for Class 11 Accountancy with Answers were prepared based on the latest exam pattern. We have provided Bank Reconciliation Statement Class 11 Accountancy MCQs Questions with Answers to help students understand the concept very well.

Bank Reconciliation Statement Class 11 MCQs Questions with Answers

Brs MCQ Class 11 Question 1.
When check is not paid by the bank, it is called?
(a) Honored
(b) Endorsed
(c) Dishonored
(d) a & b

Answer

Answer: (c) Dishonored

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Bank Reconciliation Statement Class 11 MCQ Question 2.
A bank reconciliation statement is prepared by?
(a) Banker
(b) Accountant of the business
(c) Auditors
(d) Registrar

Answer

Answer: (b) Accountant of the business

---

MCQ On Bank Reconciliation Statement Question 3.
Bank reconciliation is not a?
(a) Reconcile records
(b) Memorandum statement
(c) Ledger account
(d) Procedure to provide cash book adjustments

Answer

Answer: (c) Ledger account

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Bank Reconciliation Statement MCQ Question 4.
The balance on the debit side of the bank column of cash book indicates?
(a) The total amount has drawn from the bank
(b) Cash at bank
(c) The total amount overdraft in the bank
(d) None of above

Answer

Answer: (b) Cash at bank

---

MCQs On Bank Reconciliation Statement Question 5.
Bank statement also called?
(a) Pass book
(b) Cash book
(c) Credit book
(d) Debit book

Answer

Answer: (a) Pass book

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Bank Reconciliation Statement MCQs Class 11 Question 6.
The main purpose of preparing a bank reconciliation statement is?
(a) To know the bank balance
(b) To know the balance of bank statement
(c) To correct the cash book
(d) To identify causes of difference between cash book and bank statement

Answer

Answer: (d) To identify causes of difference between cash book and bank statement

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MCQ Questions For Class 11 Accountancy Chapter 5 Question 7.
Bank reconciliation statement is?
(a) Part of bank statement
(b) Part of the cash book
(c) A separate statement
(d) a sub-division of journal

Answer

Answer: (c) A separate statement

---

MCQ Of Brs Class 11 Question 8.
Uncollected checks are also known as?
(a) Outstanding checks
(b) Uncleared checks
(c) Outstation checks
(d) Both b & c

Answer

Answer: (d) Both b & c

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Bank Reconciliation Statement MCQs Question 9.
Favorable balance means?
(a) Credit balance in the cash book
(b) Credit balance in Bank statement
(c) Debit balance in cash book
(d) both b and c

Answer

Answer: (d) both b and c

---

Class 11 Accounts Chapter 5 MCQ Question 10.
Unfavorable balance means?
(a) Credit balance in the cash book
(b) Credit balance in Bank statement
(c) Debit balance in cash book
(d) Debit balance in petty cash book

Answer

Answer: (a) Credit balance in the cash book

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Question 11.
Farkhanda Jabeen Ltd. receives a check for Rs. 100 records it in cash book and deposits it on the same day. A statement sent by the bank that day does not show this Rs. 100. How is this shown on the bank reconciliation statement?
(a) As an uncredited deposits added to the bank statement balance
(b) As an uncredited deposits deducted from the bank statement balance
(c) As an Unpresented check added to the bank statement balance
(d) As an Unpresented check deducted from the bank statement balance

Answer

Answer: (a) As an uncredited deposits added to the bank statement balance

---

Question 12.
A bank reconciliation statement is prepared by?
(a) Internal auditor
(b) Business accountant
(c) Businessman
(d) All of These

Answer

Answer: (d) All of These

---

Question 13.
Which of the following items is not a reason for difference between bank balance as per cash book and pass book?
(a) Dishonored check
(b) Cheques deposited but not yet cleared
(c) Credit sales
(d) Cheques issued but not yet presented for payment

Answer

Answer: (c) Credit sales

---

Question 14.
Credit balance in bank pass book means?
(a) Bank overdraft
(b) Bank balance
(c) Balance as per cash book
(d) None

Answer

Answer: (b) Bank balance

---

Question 15.
A check that bears a date latter than date of issue is called?
(a) Anti dated check
(b) Post-dated check
(c) Dishonored check
(d) Outdated check

Answer

Answer: (b) Post-dated check

---

Question 16.
The main function of a commercial bank is to?
(a) Barrow and lend money
(b) Only barrow money
(c) Only lend money
(d) None of theses

Answer

Answer: (a) Barrow and lend money

---

Question 17.
When a cheque is returned by the bank showing some technical reason is known as?
(a) Honor of the cheque
(b) Balance of account
(c) Dishonor of the cheque
(d) None of these

Answer

Answer: (c) Dishonor of the cheque

---

Question 18.
The outstanding check is the missing entry of?
(a) Cash book
(b) Passbook
(c) both
(d) None

Answer

Answer: (b) Passbook

---

Question 19.
Directly collections of bank are to be ___________ in cash book?
(a) Dr
(b) Cr
(c) both
(d) None

Answer

Answer: (a) Dr

---

Question 20.
The cheque which is issued to creditor but is not presented for payment is called?
(a) Uncredited cheque
(b) Outstanding cheque
(c) Omitted cheque
(d) Dishonored cheque

Answer

Answer: (b) Outstanding cheque

---

Question 21.
A Bank Reconciliation Statement is:
(a) A part of cash book
(b) A part of pass book
(c) A statement prepared by bank
(d) A statement prepared by a customer

Answer

Answer: (d) A statement prepared by a customer

---

Question 22.
A pass book is a copy of
(a) A customer’s account in the bank’s books
(b) Cash book relating to bank column
(c) Cash book relating to cash column
(d) Firm’s receipts and payments

Answer

Answer: (a) A customer’s account in the bank’s books

---

Question 23.
A bank reconciliation statement is prepared with the balance of:
(a) Cash book
(b) Pass book
(c) Either cash book or pass book
(d) Neither cash book nor pass book

Answer

Answer: (c) Either cash book or pass book

---

Question 24.
Unfavourable bank balances means:
(a) Credit balance in the cash book
(b) debit balance in the pass book
(c) Debit balance in the cash book
(d) Favourable balance in the cash book

Answer

Answer: (b) debit balance in the pass book

---

Question 25.
The main purpose of preparing a bank reconciliation statement is?
(a) To know the bank balance
(b) To know the balance of bank statement
(c) To correct the cash book
(d) To identify causes of difference between cash book and bank statement

Answer

Answer: (d) To identify causes of difference between cash book and bank statement

---

Question 26.
In cash book, the favourable balance indicates
(a) Credit Balance
(b) Debit Balance
(c) Bank Overdraft
(d) Adjusted Balance

Answer

Answer: (b) Debit Balance

---

Question 27.
On the bank statement, cash deposited by the company is known as
(a) Credit
(b) Debit
(c) Liability
(d) Expenses

Answer

Answer: (a) Credit

---

Question 28.
Bank reconciliation statement compares a bank statement with _________
(a) Cash payment journal
(b) Cash receipt journal
(c) Financial statements
(d) Cashbook

Answer

Answer: (d) Cashbook

---

Question 29.
What is “Deposit in transit” in bank reconciliation?
(a) Added to Bank Balance
(b) Subtracted From Bank Balance
(c) Subtracted From the Cash Book Balance
(d) Added to Cashbook Balance

Answer

Answer: (a) Added to Bank Balance

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Question 30.
‘NSF’ marked in cheque sent back by the bank indicates
(a) Cheque has been forged
(b) A bank couldn’t verify the identity
(c) No sufficient money
(d) A cheque cannot be cashed because it’s illegal

Answer

Answer: (c) No sufficient money

---

We hope the given NCERT MCQ Questions for Class 11 Accountancy Chapter 5 Bank Reconciliation Statement with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Accountancy Bank Reconciliation Statement MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Check the below NCERT MCQ Questions for Class 11 Accountancy Chapter 3 Recording of Transactions 1 with Answers Pdf free download. MCQ Questions for Class 11 Accountancy with Answers were prepared based on the latest exam pattern. We have provided Recording of Transactions 1 Class 11 Accountancy MCQs Questions with Answers to help students understand the concept very well.

Recording of Transactions 1 Class 11 MCQs Questions with Answers

Question 1.
The Mathematical Expression defining the comparative relationship between Assets and Liabilities of any person, institution or Business concern is called-
(a) Accounting
(b) Accounting Equation
(c) Book – keeping
(d) None of these.

Answer

Answer: (b) Accounting Equation

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Question 2.
Liabilities and Assets amount to Rs. 50,000 and Rs. 7,800 respectively. The difference Amount shall represent-
(a) Creditors
(b) Debentures
(c) Profit
(d) Capital.

Answer

Answer: (d) Capital.

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Question 3.
The basis of recording transactions is-
(a) Vouchers
(b) Profit
(c) Order form
(d) Quotation list.

Answer

Answer: (a) Vouchers

---

Question 4.
As per American Belief, Accounts are of how many types-
(a) Two
(b) Three
(c) Five
(d) Four.

Answer

Answer: (c) Five

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Question 5.
Which of the following is entered in cash – book-
(a) Only cash transactions
(b) Only credit transactions
(c) Both cash and credit transactions
(d) None of these.

Answer

Answer: (a) Only cash transactions

---

Question 6.
Cash – book always show-
(a) Debit balance
(b) Credit balance
(c) Debit or Credit balance
(d) None of these.

Answer

Answer: (a) Debit balance

---

Question 7.
The cash – book meant for recording petty expenses is called –
(a) Simple cash – book
(b) Petty cash – book
(c) Triple column
(d) None of these.

Answer

Answer: (b) Petty cash – book

---

Question 8.
The entry which affects cash and bank column of a triple column cash – book is known as –
(a) Compound entry
(b) Contra entry
(c) Journal entry
(d) None of these.

Answer

Answer: (b) Contra entry

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Question 9.
What statement is used while closing a Drawing Account-
(a) Balance c/d
(b) By Trading A/c
(c) By P & L A/c
(d) By Capital Account.

Answer

Answer: (d) By Capital Account.

---

Question 10.
The entry which is passed for bringing forward the balances of personal and Real Account as shown in the last year’s balance sheet is called –
(a) Closing entry
(b) Journal entry
(c) Opening entry
(d) None of these.

Answer

Answer: (c) Opening entry

---

Question 11.
The balance of good’s Account is transferred to-
(a) Profit and loss Account
(b) Trading Account
(c) Balance sheet
(d) None of these.

Answer

Answer: (b) Trading Account

---

Question 12.
Which Account is opened first in ledger book-
(a) Personal
(b) Real
(c) Non – real
(d) None of these.

Answer

Answer: (a) Personal

---

Question 13.
How many columns are there in a Ledger (in one side)-
(a) Six
(b) Four
(c) Five
(d) Seven.

Answer

Answer: (b) Four

---

Fill in the blanks:

1. Only …………… transactions are recorded in cash – book.

Answer

Answer: Cash

---

2. Cash – book is a main book as well as …………… book.

Answer

Answer: Subsidiary

---

3. …………. entry is passed in triple column cash – book for depositing cash in bank.

Answer

Answer: Contra

---

4. Advancing money to petty cashier is called ……………

Answer

Answer: Float

---

5. Contra entry is made in …………… book.

Answer

Answer: Cash

---

6. Ledger posting is done on the basis of ……………..

Answer

Answer: Journal book and Subsidiary book

---

7. …………… of transaction is not written in Ledger Account.

Answer

Answer: Narration

---

8. The recording of page number from subsidiary books to Ledger book and vice versa is called ……………..

Answer

Answer: Folioing

---

9. The balance of Income and Expenditure Accounts is transferred to ……………..

Answer

Answer: Profit and loss Account.

---

State True or False:

1. Assets = Liabilities – Capital.

Answer

Answer: False

---

2. The sum of Assets is equal to the sum of liabilities.

Answer

Answer: True

---

3. Capital Account represents owner’s Account in Business.

Answer

Answer: True

---

4. Assets – Liabilities = Capital.

Answer

Answer: True

---

5. No need of voucher to be written.

Answer

Answer: False

---

6. Cash – book is only a subsidiary book.

Answer

Answer: False

---

7. When a cheque is received, it is recorded in both sides of cash – book?

Answer

Answer: False

---

8. Cash – book always shows debit balance.

Answer

Answer: True

---

9. The cash balance as per cash-book is tallied daily with the physical cash balance.

Answer

Answer: True

---

10. The word ‘By’ should be used always while making and entry in debit side of an account.

Answer

Answer: False

---

11. The debit balance of personal accounts denotes debtors.

Answer

Answer: True

---

12. The balance of goods accounts is transferred to trading account.

Answer

Answer: True

---

13. Ledger book does not possess legal acceptability.

Answer

Answer: False

---

14. In ledger narration is not required.

Answer

Answer: False

---

Match the following:

1.

Column A	Column B
1. Increase of Assets & Liabilities	(a) Investment of capital in business.
2. Decrease of Assets and Liabilities	(b) Drawings or Expenses.
3. Increase of Capital and Assets	(c) Payment of Liabilities.
4. Decrease of Capital and Assets	(d) Credit purchase of Assets.

Answer

Answer:

Column A	Column B
1. Increase of Assets & Liabilities	(d) Credit purchase of Assets.
2. Decrease of Assets and Liabilities	(c) Payment of Liabilities.
3. Increase of Capital and Assets	(a) Investment of capital in business.
4. Decrease of Capital and Assets	(b) Drawings or Expenses.

---

2.

Column A	Column B
1. Amount withdrawn from bank	(a) Credit
2. Petty cash book	(b) Debit
3. Balance of cash-book	(c) Contra entry
4. Bank overdraft	(d) Petty cashier.

Answer

Answer:

Column A	Column B
1. Amount withdrawn from bank	(c) Contra entry
2. Petty cash book	(d) Petty cashier.
3. Balance of cash-book	(b) Debit
4. Bank overdraft	(a) Credit

---

Answer in one word/sentence:

1. The book used for recording cash and bank related transactions is.

Answer

Answer: Double column cash – book

---

2. Which book is maintained to record day – to – day expenses?

Answer

Answer: Petty cash – book

---

3. Mention any transaction for which contra entry will be done.

Answer

Answer: Cash deposited in bank

---

4. Which side of cash – book records all cash payments?

Answer

Answer: Credit side.

---

5. The book in which accounts relating to person, goods, income and expenditure is maintained and transactions are recorded is called.

Answer

Answer: Ledger book

---

6. On which date account are closed?

Answer

Answer: Last day of the month or year

---

7. Sales account always shows which balance?

Answer

Answer: Credit balance

---

8. The process of totaling the debit and credit side of a ledger account is called.

Answer

Answer: Closing of account.

---

We hope the given NCERT MCQ Questions for Class 11 Accountancy Chapter 3 Recording of Transactions 1 with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Accountancy Recording of Transactions 1 MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Check the below NCERT MCQ Questions for Class 11 Accountancy Chapter 2 Theory Base of Accounting with Answers Pdf free download. MCQ Questions for Class 11 Accountancy with Answers were prepared based on the latest exam pattern. We have provided Theory Base of Accounting Class 11 Accountancy MCQs Questions with Answers to help students understand the concept very well.

Theory Base of Accounting Class 11 MCQs Questions with Answers

Theory Base Of Accounting Class 11 MCQ Question 1.
Generally the duration of an Accounting period is of-
(a) 6 months
(b) 3 months
(c) 12 months
(d) 1 month.

Answer

Answer: (c) 12 months

---

MCQ Questions For Class 11 Accountancy Chapter 2 Question 2.
The sum of Liabilities and Capital is-
(a) Expense
(b) Income
(c) Drawings
(d) Assets.

Answer

Answer: (d) Assets.

---

Basis Of Accounting Class 11 MCQ Question 3.
In India, the accounting standard board was set up in the year-
(a) 1972
(b) 1977
(c) 1956
(d) 1932.

Answer

Answer: (b) 1977

---

Class 11 Accountancy Chapter 2 MCQ Question 4.
The basic accounting postulates are denoted by –
(a) Concepts
(b) Book – keeping
(c) Accounting standards
(d) None of these.

Answer

Answer: (a) Concepts

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Ch 2 Accounts Class 11 MCQ Question 5.
The amount drawn by businessmen for his personal use is-
(a) Capital
(b) Drawing
(c) Expenditure
(d) Loss.

Answer

Answer: (b) Drawing

---

Chapter 2 Accounts Class 11 MCQ Question 6.
Meaning of credibility of going concern is:
(a) Closing of business
(b) Opening of business
(c) Continuing of business
(d) None of these.

Answer

Answer: (c) Continuing of business

---

Fill in the blanks:

1. …………… is a document that verifies the business transaction.

Answer

Answer: Voucher

---

2. The existence of business is different from its ………………

Answer

Answer: Owner

---

3. ……………. has been applied on accountants by accounting standard board, law or professional institutions.

Answer

Answer: Code of conduct

---

4. ……………. aspects are affected in every transaction.

Answer

Answer: Two

---

Answer in one word/sentence:

1. When was Indian Accounting standard board formed?

Answer

Answer: 21 st April, 1977

---

2. “The rules and conventions of accounting are commonly referred to as principles.” Who said it?

Answer

Answer: R.N. Anthony

---

3. On what basis accounting principles are developed?

Answer

Answer: Accounting Conventions & Concepts

---

4. Which concept denotes that the existence of business is separate from its owner?

Answer

Answer: Business entity concept.

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We hope the given NCERT MCQ Questions for Class 11 Accountancy Chapter 2 Theory Base of Accounting with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Accountancy Theory Base of Accounting MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Check the below NCERT MCQ Questions for Class 11 Accountancy Chapter 1 Introduction to Accounting with Answers Pdf free download. MCQ Questions for Class 11 Accountancy with Answers were prepared based on the latest exam pattern. We have provided Introduction to Accounting Class 11 Accountancy MCQs Questions with Answers to help students understand the concept very well.

Introduction to Accounting Class 11 MCQs Questions with Answers

Introduction To Accounting Class 11 MCQ Question 1.
The art of recording all business transactions in a systematic manner in a set of books is called-
(a) Accounting
(b) Book – keeping
(c) Ledger
(d) None of these.

Answer

Answer: (b) Book – keeping

---

MCQ Questions For Class 11 Accountancy Chapter 1 Question 2.
The process of recording, classifying and summarizing all business transactions in order to know the financial result is called –
(a) Book – keeping
(b)Accounting
(c) Journalizing
(d) None of these.

Answer

Answer: (b) Accounting

---

MCQ Of Accountancy Class 11 Chapter 1 Question 3.
Cash, goods or assets invested by the proprietor in the business for earning profit is called-
(a) Profit
(b) Capital
(c) Fixed assets
(d) None of these.

Answer

Answer: (b) Capital

---

Ch 1 Accounts Class 11 MCQ Question 4.
The person, firm or institution who does not pay the price in cash for the goods purchased or the services received is called-
(a) Creditor
(b) Proprietor
(c) Debtor
(d)None of these.

Answer

Answer: (c) Debtor

---

Chapter 1 Accounts Class 11 MCQ Question 5.
Book – keeping is-
(a) An art
(b) A science
(c) An art and science both
(d) None of these.

Answer

Answer: (c) An art and science both

---

Fill in the blanks:

1. The document certifying the purchase or sale of goods or any monetary transaction is called …………….

Answer

Answer: Voucher

---

2. The thing which is purchased and sold in the business is called …………….

Answer

Answer: Goods

---

3. The things or properties which helps in smooth functioning of the business and which are owned by the business are called ……………. of the business.

Answer

Answer: Assets

---

4. The unsold goods left at the end of the year is called ……………..

Answer

Answer: Closing stock

---

5. …………… represents the excess of assets over liabilities.

Answer

Answer: Capital

---

State True or False:

1. Trade discount is given on credit transactions only.

Answer

Answer: False

---

2. Furniture purchased by a Trader dealing in Furniture will be treated as ‘purchases’ for him.

Answer

Answer: True

---

3. Cash is a Fixed Asset of a Business.

Answer

Answer: False

---

4. The goods invested at the commencement of the business is called closing stock.

Answer

Answer: False

---

Match the Following

Column A	Column B
1. Building	(a) Debit
2. Salary	(b) Credit
3. Left side	(c) Asset
4. Right side	(d) Expense
5. Vouchers	(e) Written document.

Answer

Answer:

Column A	Column B
1. Building	(c) Asset
2. Salary	(d) Expense
3. Left side	(a) Debit
4. Right side	(b) Credit
5. Vouchers	(e) Written document.

---

Answer in one word/sentence:

1. Any legal activity performed for earning profit is called.

Answer

Answer: Business

---

2. The head under which transactions pertaining to a person, institution, firm, expenses, assets etc. is recorded is called.

Answer

Answer: Account

---

3. The system in which only one aspect of the transaction is recorded is called.

Answer

Answer: Single entry system

---

4. The concession given on cash transactions is called.

Answer

Answer: Cash discount

---

We hope the given NCERT MCQ Questions for Class 11 Accountancy Chapter 1 Introduction to Accounting with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Accountancy Introduction to Accounting MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Check the below NCERT MCQ Questions for Class 11 Accountancy Chapter 4 Recording of Transactions 2 with Answers Pdf free download. MCQ Questions for Class 11 Accountancy with Answers were prepared based on the latest exam pattern. We have provided Recording of Transactions 2 Class 11 Accountancy MCQs Questions with Answers to help students understand the concept very well.

Recording of Transactions 2 Class 11 MCQs Questions with Answers

MCQ Questions For Class 11 Accountancy Chapter 4 Question 1.
The first book of original entry is-
(a) Journal
(b) Ledger
(c) Trial Balance
(d)None of these.

Answer

Answer: (b) Ledger

---

Class 11 Accounts Chapter 4 MCQ Question 2.
‘Drawings’ falls under which account-
(a) Personal account
(b) Real account
(c) Nominal account
(d) None of these.

Answer

Answer: (a) Personal account

---

Chapter 4 Accounts Class 11 MCQ Question 3.
Income tax is treated as-
(a) Business Expense
(b) Direct Expense
(c) Personal Expense
(d) Indirect Expense.

Answer

Answer: (d) Indirect Expense.

---

Ch 4 Accounts Class 11 MCQ Question 4.
A cheque on which two parallel lines are drawn in the left top corner is called –
(a) Bearer cheque
(b) Traveller’s cheque
(c) Account payee cheque
(d) None of these.

Answer

Answer: (c) Account payee cheque

---

Class 11 Accountancy Chapter 4 MCQ Question 5.
Cash purchase of goods is recorded in-
(a) Purchase book
(b) Sales book
(c) Cash – book
(d) None of these.

Answer

Answer: (c) Cash – book

---

Question 6.
Credit purchase of furniture shall be recorded in-
(a) Purchase book
(b) Journal book
(c) Cash – book
(d) None of these.

Answer

Answer: (b) Journal book

---

Question 7.
Who prepares a debit note-
(a) Seller
(b) Purchaser
(c) Cashier
(d) None of these.

Answer

Answer: (b) Purchaser

---

Question 8.
Return of goods by a customer is recorded in-
(a) Purchase book
(b) Sales book
(c) Sales return book
(d) Purchase return book.

Answer

Answer: (c) Sales return book

---

Fill in the blanks:

1. The amount which cannot be recovered from debtors is called ……………..

Answer

Answer: Bad debts

---

2. The account in which amount can be deposited or withdrawn daily and which allows no interest on deposit is called ……………..

Answer

Answer: Current account

---

3. The discount allowed on cash transactions is called ……………..

Answer

Answer: Cash discount

---

4. Sales account always shows …………….. balance.

Answer

Answer: Credit

---

5. The purchase of packing material along with goods purchased is recorded in ……………

Answer

Answer: Purchase book

---

6. Such transactions for which no separate subsidiary books are maintained are recorded in ……………..

Answer

Answer: Journal book

---

7. Sub – division of Journal is called …………….

Answer

Answer: Subsidiary book

---

8. Credit note is sent to …………….

Answer

Answer: Purchaser

---

State True or False:

1. Weekly information is sought from the subsidiary books.

Answer

Answer: False

---

2. Drawings account is a personal account.

Answer

Answer: True

---

3. Purchase account is always debited.

Answer

Answer: False

---

4. Order for sending goods is not a business transaction.

Answer

Answer: True

---

5. Cash A/c is a real A/c.

Answer

Answer: True

---

6. Purchase book is a principle book.

Answer

Answer: False

---

7. Preparation of sales account is not essential when sales book is maintained.

Answer

Answer: False

---

8. Goods received on consignment is recorded in purchase book.

Answer

Answer: False

---

9. Cash sale of asset is recorded in main journal book.

Answer

Answer: False

---

Match the following:

1.

Column A	Column B
1. Asset	(a) Bank
2. Personal account	(b) Furniture
3. income tax	(c) Real account
4. Asset installation expense	(d) Personal account.

Answer

Answer:

Column A	Column B
1. Asset	(b) Furniture
2. Personal account	(a) Bank
3. income tax	(d) Personal account.
4. Asset installation expense	(c) Real account

---

2.

Column A	Column B
1. Debit note	(a) Purchase book
2. Credit note	(b) Principle book/journal book
3. Credit sale of asset	(c) Purchaser
4. Cash purchase of asset	(d) Seller
5. Credit purchase of goods	(e) Cash-book.

Answer

Answer:

Column A	Column B
1. Debit note	(c) Purchaser
2. Credit note	(d) Seller
3. Credit sale of asset	(b) Principle book/journal book
4. Cash purchase of asset	(e) Cash-book.
5. Credit purchase of goods	(a) Purchase book

---

Answer in one word/sentence:

1. Under how many heads, the accounts have been categorised for the purpose of recording transactions in Journal?

Answer

Answer: Three

---

2. When a single journal entry is passed for two transactions of same nature on same date, such an entry is called?

Answer

Answer: Compound entry

---

3. Give an example of intangible asset?

Answer

Answer: Goodwill

---

4. The discount which is offered to increase sale and attract customers is called?

Answer

Answer: Trade discount

---

5. Mention the transaction which is not recorded in purchase book?

Answer

Answer: Cash transaction

---

6. Credit sale of goods is recorded in which book?

Answer

Answer: Sales book

---

7. Interest on capital is recorded in which subsidiary book?

Answer

Answer: Journal book

---

8. Which discount is recorded in purchase and sales book?

Answer

Answer: Trade discount

---

We hope the given NCERT MCQ Questions for Class 11 Accountancy Chapter 4 Recording of Transactions 2 with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Accountancy Recording of Transactions 2 MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Check the below NCERT MCQ Questions for Class 11 Economics Chapter 4 The Theory of the Firm under Perfect Competition with Answers Pdf free download. MCQ Questions for Class 11 Economics with Answers were prepared based on the latest exam pattern. We have provided The Theory of the Firm under Perfect Competition Class 11 Economics MCQs Questions with Answers to help students understand the concept very well.

The Theory of the Firm under Perfect Competition Class 11 MCQs Questions with Answers

MCQ Questions For Class 11 Statistics Economics Chapter 4 Question 1.
The concept of supply curve is relevant only for?
(a) Monopoly
(b) Monopolistic competition
(c) Perfect competition
(d) Oligopoly

Answer

Answer: (c) Perfect competition

---

Under Perfect Competition A Firm Can Produce With MCQ Question 2.
Which of the following is an example of perfect competition?
(a) Agriculture
(b) Banking sector
(c) Car manufacturing
(d) Railways

Answer

Answer: (a) Agriculture

---

In Perfect Competition MCQ Class 11 Chapter 4 Question 3.
Can MR be negative or zero.
(a) Yes
(b) Can’t say
(c) No
(d) Only negative but not zero

Answer

Answer: (a) Yes

---

MCQ On Perfect Competition Class 11 Chapter 4 Question 4.
If all units are sold at same price how will it affect AR and MR?
(a) B. AR > MR
(b) A. AR = MR
(c) D. AR + MR = 0
(d) C. AR < MR

Answer

Answer: (b) A. AR = MR

---

Under Perfect Competition MCQ Class 11 Chapter 4 Question 5.
What is price line
(a) The demand curve
(b) The AR curve
(c) The MR curve
(d) The TR curve

Answer

Answer: (c) The MR curve

---

Class 11 Economics Chapter 4 MCQ Question 6.
Can TR be a horizontal Straight line?
(a) May be
(b) Can’t say
(c) Yes
(d) No

Answer

Answer: (d) No

---

Perfect Competition MCQ Class 11 Chapter 4 Question 7.
The revenue of a firm per unit sold is its
(a) MR
(b) AR
(c) TR
(d) TC

Answer

Answer: (b) AR

---

Question 8.
The product of AR and price at every unit sold is the firm’s
(a) TR
(b) TVC
(c) MR
(d) AR

Answer

Answer: (a) TR

---

Question 9.
In perfect competition, in the long run, ______________?
(a) There are large profits for the firm
(b) There is no profit and no loss for the firm
(c) There are negligible profits for the firm
(d) There are large losses for the firm

Answer

Answer: (b) There is no profit and no loss for the firm

---

Question 10.
In perfect competition, when the marginal revenue and marginal cost are equal, profit is?
(a) Maximum
(b) Zero
(c) Negative
(d) Average

Answer

Answer: (a) Maximum

---

Question 11.
In perfect competition, a firm earns profit when __________ exceeds the _____________?
(a) Total revenue, total fixed cost
(b) Marginal cost, marginal revenue
(c) Average revenue, average cost
(d) Total cost, total revenue

Answer

Answer: (c) Average revenue, average cost

---

Question 12.
In the perfectly competitive market, in the long run, competitive prices equal the minimum possible ________ cost of good?
(a) Average
(b) Total
(c) Variable
(d) Marginal

Answer

Answer: (a) Average

---

Question 13.
In perfect competition, in the long run, if a new firm enters the industry the supply curve shifts to the right resulting in_________?
(a) Reduction in supply
(b) No change in price
(c) Fall in price
(d) Rise in price

Answer

Answer: (c) Fall in price

---

Question 14.
Which of the following type of competition is just a theoretical economic concept, not a realistic case where actual competition and trade take place?
(a) Monopolistic competition
(b) Monopoly
(c) Oligopoly
(d) Perfect competition

Answer

Answer: (d) Perfect competition

---

Question 15.
In perfect competition, which of the following curves generally lies below the demand curve and slopes downward?
(a) Average revenue
(b) Average cost
(c) Marginal revenue
(d) Marginal cost

Answer

Answer: (c) Marginal revenue

---

Question 16.
A firm can sell as much as it wants at the market price. The situation is related to?
(a) Monopoly
(b) Monopolistic competition
(c) Perfect competition
(d) Oligopoly

Answer

Answer: (c) Perfect competition
Explanation:
Pure or perfect competition is a theoretical market structure in which the following criteria are met: All firms sell an identical product (the product is a “commodity” or “homogeneous”). All firms are price takers (they cannot influence the market price of their product). Market share has no influence on prices.

---

Question 17.
Globalization has made Indian Market as?
(a) Seller market
(b) Buyer market
(c) Monopsony market
(d) Monopoly market

Answer

Answer: (b) Buyer market
Explanation:
Globalisation is the rapid integration or interconnection between countries mostly on the economic plane. In other words Globalisation means integrating our economy with the world economy. Movement of people between countries increases due to globalisation.

---

Question 18.
When AR = Rs. 10 and AC = Rs. 8, the firm makes?
(a) Gross profit
(b) Super normal profit
(c) Normal profit
(d) Net profit

Answer

Answer: (b) Super normal profit
Explanation:
Super normal profit is defined as extra profit above that level of normal profit.
Here the firm earns profit of Rs. 2 over the cost occurred.

---

Question 19.
A competitive firm in the short run incurs losses. The firm continues production, if?
(a) P = AVC
(b) P > AVC
(c) P < AVC
(d) P > = AVC

Answer

Answer: (d) P > = AVC
Explanation:
With loss minimization, price exceeds average variable cost but is less than average total cost at the quantity that equates marginal revenue and marginal cost. In this case, the firm incurs a smaller loss by producing some output than by not producing any output.

---

Question 20.
In the long run the market price of a commodity is equal to its minimum average cost of production under the___________?
(a) Monopolist competition
(b) Perfect competition
(c) Oligopoly
(d) Monopoly

Answer

Answer: (b) Perfect competition
Explanation:
Perfect competition is an industry structure in which there are many firms producing homogeneous products. None of the firms are large enough to influence the industry. In the long-run, companies that are engaged in a perfectly competitive market earn zero economic profits.

The long-run equilibrium point for a perfectly competitive market occurs where the demand curve (price) intersects the marginal cost (MC) curve and the minimum point of the average cost (AC) curve. Since they are the price takers and the price remains constant so does the AC of production.

---

Question 21.
While a seller under perfect competition equates price and MC to maximize profits a monopolist should equate?
(a) MR and MC
(b) AR and MR
(c) AR and MC
(d) TC and TR

Answer

Answer: (a) MR and MC
Explanation:
In a monopolistic market, there is only one firm that produces a product. There is absolute product differentiation because there is no substitute.

The marginal cost of production is the change in the total cost that arises when there is a change in the quantity produced.

The marginal revenue is the change in the total revenue that arises when there is a change in the quantity produced a firm maximizes its total profit by equating marginal cost to marginal revenue and solving for the price of one product and the quantity it must produce.

---

Question 22.
Marginal revenue in any competitive situation is?
(a) TR_n – P_n-1
(b) TR_n – TR_n-1
(c) TR_n / Q_n-1
(d) None of above

Answer

Answer: (b) TR_n – TR_n-1
Explanation:
Marginal revenue (MR) can be defined as additional revenue gained from the additional unit of output. Marginal revenue is the change in total revenue which results from the sale of one more or one less unit of output.

Formula:
Total revenue = TR
Total Unit = n
Total Unit less one unit = n – 1
MR = TR_n -TR_n-1

---

Question 23.
A rational consumer is a person who?
(a) Has perfect knowledge of the market
(b) Is not influenced by persuasive advertising
(c) Behaves at all times, other things being equal, in a judicious manner
(d) Knows the prices of goods in different market and buys the cheapest

Answer

Answer: (a) Has perfect knowledge of the market
Explanation:
A rational consumer is considered to be that person who makes rational consumption decisions.

In other words, the consumer who makes his choices after considering all the other alternative goods (and services) available in the market is called a rational consumer.

---

Question 24.
In which of the following types of market structures, are resources, assumed to be mobile?
(a) Oligopoly
(b) Perfect competition
(c) Monopolistic competition
(d) Monopoly

Answer

Answer: (b) Perfect competition
Explanation:
Pure or perfect competition is a theoretical market structure in which the following criteria are met:
1. All firms sell an identical product (the product is a “commodity” or “homogeneous”).
2. All firms are price takers (they cannot influence the market price of their product).
3. Market share has no influence on prices.
4. Buyers have complete or “perfect” information in the past, present and future about the product being sold and the prices charged by each firm.
5. Resources for such a labor are perfectly mobile.
6. Firms can enter or exit the market without cost.

---

Question 25.
At producer’s equilibrium when MR = MC, the firm earns only
(a) Abnormal loss
(b) Abnormal profit
(c) Normal Profit
(d) Normal loss

Answer

Answer: (c) Normal Profit

---

Question 26.
Beyond producer’s equilibrium when MR<MC, the firm earns only
(a) Abnormal profit
(b) Normal loss
(c) Abnormal loss
(d) Normal Profit

Answer

Answer: (c) Abnormal loss
Explanation:
Marginal Cost < Marginal Revenue means abnormal loss situation, where the total revenue of a business does not cover total cost incurred for the business, due to which the profits of the business are below normal limits.

---

Question 27.
Before producer’s equilibrium when MR > MC, the firm earns only
(a) Normal Profit
(b) Normal loss
(c) Abnormal loss
(d) Abnormal profit

Answer

Answer: (d) Abnormal profit
Explanation:
If a firm makes more than normal profit it is called super-normal profit. Super normal profit is also called economic profit, and abnormal profit, and is earned when total revenue is greater than the total costs.
Total profits = total revenue (TR) – total costs (TC)
Abnormal Profit = MR > MC

---

Question 28.
A producer’s equilibrium is a situation when
(a) AR = MR
(b) MR = MC
(c) AR = AC
(d) TR = TC

Answer

Answer: (b) MR = MC
Explanation:
Producer’s equilibrium refers to a situation where profits are maximised, i.e., the difference between total revenue and total cost is maximised, or in cases of losses, the difference is minimised, so as to minimise losses.

---

Question 29.
The elasticity at a point on a straight line supply curve passing through the origin will be
(a) 3.0
(b) 1.0
(c) 4.0
(d) 2.0

Answer

Answer: (b) 1.0
Explanation:
Regardless of the gradient of the linear supply curve or its position on the supply curve, the PES of a linear supply curve that passes through the origin is always equal to 1. Therefore, if the supply curve originates with P = 0 and Q = 0, the elasticity will always be 1.

Formula:
% Change in quantity
% Change in price.

---

Question 30.
The elasticity at a point on a straight-line supply curve passing through the origin making an angle of 45° will be
(a) 4.0
(b) 2.0
(c) 3.0
(d) 1.0

Answer

Answer: (d) 1.0

---

Question 31.
Under perfect competition the number of firms
(a) Is about 10
(b) Are many but limited
(c) Is large
(d) Is limited

Answer

Answer: (c) Is large

---

Question 32.
When ___________, the firms are earning just normal profit:
(a) AC = AR
(b) MC = AC
(c) AR = MR
(d) MC = MR

Answer

Answer: (a) AC = AR
Explanation:
AC = AR means the firm’s cost and revenue are equal which means the firm does not earn any profit or no loss, which means the firm is earning normal profit.

---

Question 33.
Which of the following is the condition for equilibrium of a firm?
(a) MC curve must cut MR curve from above
(b) MR = MC
(c) None of above
(d) Both of these

Answer

Answer: (b) MR = MC
Explanation:
A firm is in equilibrium when it is satisfied with its existing level of output. The firm wills, in this situation produce the level of output which brings in greatest profit or smallest loss. When this situation is reached, the firm is said to be in equilibrium.

Marginal cost should be equal to marginal revenue, then only the firm can be called at equilibrium.

---

Question 34.
In perfect competition, since the firm is a price taker, the ________ curve is straight line
(a) Total cost
(b) Marginal cost
(c) Total revenue
(d) Marginal revenue

Answer

Answer: (d) Marginal revenue
Explanation:
Marginal revenue is the extra revenue generated when a perfectly competitive firm sells one more unit of output. The marginal revenue received by a firm is the change in total revenue divided by the change in quantity.

Perfect competition is a market structure with a large number of small firms, each selling identical goods. Perfectly competitive firms have perfect knowledge and perfect mobility into and out of the market. These conditions mean perfectly competitive firms are price takers, they have no market control and receive the going market price for all output sold.

Since they are the price takers and have no control over price but just the production, so even if they increase their quantity of production, still the price will remain constant and so does the marginal revenue.

---

Question 35.
Other name by which average revenue curve known:
(a) Indifference curve
(b) Profit curve
(c) Average cost curve
(d) Demand curve

Answer

Answer: (d) Demand curve
Explanation:
Average revenue curve is often called the demand curve due to its representation of the product’s demand in the market. Each point on the curve represents the price of the product in the market. Price determines the demand for a product, hence Average revenue curve is also demand curve. Assuming it is a perfect competitive market.

---

We hope the given NCERT MCQ Questions for Class 11 Economics Chapter 4 The Theory of the Firm under Perfect Competition with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Economics The Theory of the Firm under Perfect Competition MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Check the below NCERT MCQ Questions for Class 11 Political Science Chapter 6 Citizenship with Answers Pdf free download. MCQ Questions for Class 11 Political Science with Answers were prepared based on the latest exam pattern. We have provided Citizenship Class 11 Political Science MCQs Questions with Answers to help students understand the concept very well.

Citizenship Class 11 MCQs Questions with Answers

Citizenship MCQ Class 11 Chapter 6 Question 1.
Who was T. Marshall?
(a) A British Socialist
(b) A British Scientist
(c) A British Cricketer
(d) A British Footballer

Answer

Answer: (a) A British Socialist

---

Class 11 Political Science Chapter 6 MCQ Question 2.
Martin Luther King Jr. led the movement against
(a) Segregation Laws
(b) Multiple citizenships
(c) Dual citizenship
(d) Multi-National Companies

Answer

Answer: (a) Segregation Laws

---

MCQs On Citizenship Class 11 Chapter 6 Question 3.
Identify the nation where dual citizenship prevails.
(a) India
(b) Sri Lanka
(c) USA
(d) Nepal

Answer

Answer: (c) the USA

---

MCQ Questions On Citizenship Class 11 Chapter 6 Question 4.
Choose the incorrect type of citizenship.
(a) Dual citizenship
(b) Multiple citizenships
(c) Single Citizenship
(d) Non-Resident Citizenship

Answer

Answer: (d) Non-Resident Citizenship

---

MCQ On Citizenship Class 11 Chapter 6 Question 5.
The Palestinian refugees are fighting for full citizenship of a state in
(a) the Middle East
(b) South-East Asia
(c) Europe
(d) West America

Answer

Answer: (a) the Middle East

---

Question 6.
Identify the year when Black people got equal citizenship rights in South Africa.
(a) 1960s
(b) 1970s
(c) 1980s
(d) 1990s

Answer

Answer: (d) 1990s

---

Question 7.
Citizenship may be lost under the following condition:
(a) Marriage
(b) Long Absence
(c) Adoption
(d) All of the above

Answer

Answer: (d) All of the above

---

Question 8.
Citizenship can be acquired by:
(a) Long residence
(b) Marriage
(c) Government service
(d) All of the above

Answer

Answer: (d) All of the above

---

Question 9.
What is the meaning of the term ‘Apartheid’?
(a) Social Upliftment
(b) Social Discrimination
(c) Economic Upliftment
(d) Economic Discrimination

Answer

Answer: (b) Social Discrimination

---

Question 10.
The notion of citizenship rights is associated with
(a) A. H. Halsey
(b) E. H. Carr
(c) T. H. Huxley
(d) T. H. Huxlem

Answer

Answer: (c) T. H. Huxley

---

Question 11.
Choose the incorrect cause of illegal immigration.
(a) War
(b) Poverty
(c) Prostitution and slavery
(d) Peace

Answer

Answer: (d) Peace

---

Question 12.
The 1951 Geneva Convention deals with
(a) Refugee laws
(b) Laws against segregation
(c) Laws against forced labour
(d) Citizenship rights of women

Answer

Answer: (a) Refugee laws

---

We hope the given NCERT MCQ Questions for Class 11 Political Science Chapter 6 Citizenship with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Political Science Citizenship MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Check the below NCERT MCQ Questions for Class 11 Economics Unit 1 Statistics for Economics Introduction with Answers Pdf free download. MCQ Questions for Class 11 Economics with Answers were prepared based on the latest exam pattern. We have provided Statistics for Economics Introduction Class 11 Economics MCQs Questions with Answers to help students understand the concept very well.

Statistics for Economics Introduction Class 11 MCQs Questions with Answers

MCQ Questions For Class 11 Statistics Economics Chapter 1 Question 1.
Arthashashtra originated in:
(a) 17th century
(b) 18th century
(c) 19th century
(d) None of the above.

Answer

Answer: (b) 18th century

---

Statistics For Economics Class 11 Chapter 1 MCQ Questions And Answers Question 2.
“Economics is the study of economic welfare” who said this:
(a) Marshall
(b) Prof. Pigou
(c) J. K. Mehta
(d) Keynes.

Answer

Answer: (a) Marshall

---

Class 11 Statistics Chapter 1 MCQ Questions Question 3.
He is known as father of statistics:
(a) Bowley
(b) Bodington
(c) Gottfried Achenwall
(d) None of these.

Answer

Answer: (b) Bodington

---

Introduction To Statistics Class 11 MCQ Question 4.
Statistics is:
(a) Facts
(b) Presentation
(c) Numerical data
(d) None of these.

Answer

Answer: (b) Presentation

---

Chapter 1 Statistics Class 11 MCQ Question 5.
Name of the book by Kautilya:
(a) Economics
(b) Varta
(c) Krishna, Valmiki and Vashista
(d) None of these.

Answer

Answer: (a) Economics

---

Fill in the blanks:

1. Adam Smith is known as …………………………. of Economics.

Answer

Answer: Father

---

2. There is difference between wants and …………………………..

Answer

Answer: Intensity

---

3. Collection is an example of ……………………….

Answer

Answer: Statistics

---

4. Statistics is an art as well as ………………………..

Answer

Answer: Science

---

5. When six economists gather they have …………………………. opinion.

Answer

Answer: 7

---

State true or false:

1. There are limited wants of humans.

Answer

Answer: False

---

2. “Principles of Economics” is written by Pigou.

Answer

Answer: False

---

3. Statistical data is numerical data.

Answer

Answer: True

---

4. Statistics is not important in speculation market.

Answer

Answer: False

---

5. Rules of economics are universal.

Answer

Answer: False

---

Match the columns:

Column A	Column B
1. Optional use of limited resources	(a) Pigou
2. Money is a measuring source	(b) Bowley
3. Statistics is the science of counting	(c) Robbins
4. Collection of data	(d) Samuelson
5. Development related definition of economics	(e) Primary and secondary data.

Answer

Answer:

Column A	Column B
1. Optional use of limited resources	(c) Robbins
2. Money is a measuring source	(a) Pigou
3. Statistics is the science of counting	(b) Bowley
4. Collection of data	(e) Primary and secondary data.
5. Development related definition of economics	(d) Samuelson

---

Answer in one word:

1. According to Marshall, Economics is what type of science?

Answer

Answer: Social

---

2. Who wrote the book, “Discovery of Nation’s Wealth and Reasons”?

Answer

Answer: Adam Smith

---

3. What is statistics in singular?

Answer

Answer: Rules

---

4. Who gave analytical definition of economics?

Answer

Answer: Robbins

---

5. From which language statistics has been derived?

Answer

Answer: English

---

6. What are economic goods?

Answer

Answer: The goods which are made by humans are called economic goods.

---

7. Who is propagator of modern economics?

Answer

Answer: The propagator of modem economics is Prof. Marshall.

---

8. Who is known as service provider?

Answer

Answer: The person who works for others for remuneration is called service provider.

---

9. Who is known as service man?

Answer

Answer: The person who keep others to do his work for remuneration is called service man.

---

10. What is economic activity?

Answer

Answer: Activities which are performed to earn wealth are called economic activities.

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We hope the given NCERT MCQ Questions for Class 11 Economics Unit 1 Statistics for Economics Introduction with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Economics Statistics for Economics Introduction MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

Check the below NCERT MCQ Questions for Class 11 Political Science Chapter 7 Nationalism with Answers Pdf free download. MCQ Questions for Class 11 Political Science with Answers were prepared based on the latest exam pattern. We have provided Nationalism Class 11 Political Science MCQs Questions with Answers to help students understand the concept very well.

Nationalism Class 11 MCQs Questions with Answers

Class 11 Political Science Chapter 7 MCQ Question 1.
Who is the main supporter of the principle of One Nation, One State?
(a) European Union
(b) G.W.F Hegel
(c) J.S Mill
(d) Rousseau

Answer

Answer: (c) J.S Mill

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Question 2.
The word ‘Nation’ is derived from which language?
(a) Greek
(b) French
(c) Latin
(d) Russian

Answer

Answer: (c) Latin

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Question 3.
The history of a nation helps to develop
(a) Sense of continuing historical identity
(b) Racial superiority
(c) Regionalism
(d) Political differences

Answer

Answer: (a) Sense of continuing historical identity

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Question 4.
A hindrance in the development of nationalism is
(a) Strong historical legacy
(b) Communalism
(c) Emotional integration
(d) Common civilisation

Answer

Answer: (b) Communalism

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Question 5.
Which of the following is not a difference between State and Nation?
(a) State has four essentials elements but no essential elements of a Nation
(b) Idea of oneness is essential for the Nation but not for the State
(c) Sovereignty is essential for the State and not for the Nation
(d) Sovereignty is essential for the Nation and not for the State

Answer

Answer: (d) Sovereignty is essential for the Nation and not for the State

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Question 6.
The key exponent of the modern idea of nation-state was
(a) Karl Marx
(b) J.S Mill
(c) G.W.F Hegel
(d) Rousseau

Answer

Answer: (c) G.W.F Hegel

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Question 7.
The ”Gujral Doctrine” was adopted in
(a) 1985
(b) 1989
(c) 1992
(d) 1996

Answer

Answer: (d) 1996

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Question 8.
Identify an option which is not the symbol of Indian nationalism
(a) National Anthem
(b) Republic day parade
(c) National flag
(d) Communal violence

Answer

Answer: (d) Communal violence

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Question 9.
East Timor gained independence from
(a) British
(b) Russia
(c) Portugal
(d) China

Answer

Answer: (c) Portugal

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Question 10.
Which of the following elements is responsible for the promotion of Nationalism?
(a) Common Motherland
(b) Common Language
(c) Common Race
(d) All of these above

Answer

Answer: (d) All of these above

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Question 11.
The German nation was first unified by
(a) European Union
(b) Austria
(c) Prussia
(d) Russia

Answer

Answer: (c) Prussia

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Question 12.
Liberal nationalism is not characterised by
(a) Every nation has a separate entity
(b) Nationalism based on blood and race
(c) Opposed to colonialism
(d) Right of every nation to make economic and cultural progress in its own way

Answer

Answer: (b) Nationalism based on blood and race

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We hope the given NCERT MCQ Questions for Class 11 Political Science Chapter 7 Nationalism with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Political Science Nationalism MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.