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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