Free MCQ’s Quiz for Class 11 Economics – Statistics Chapter 1 – Introduction with Answers is prepared based on the latest CBSE Exam Pattern for the Academic Session. Students can solve NCERT based Class 11th Economics – Statistics – ‘Introduction’ Multiple Choice Questions with Answers to know their preparation level on the Success Roar Classes website.

Here, we have provided Free MCQ’s Quiz on Class 11 Economics – Statistics Chapter 1 – Introduction. Introduction explains what the topic of economics includes and comprehend the relationship between economics and the study of economic activities in consumption, production, and distribution.

To make you perfect in this topic – Introduction, we are here with a set of MCQs Quiz that will help you in brushing up the understanding of the concepts.

Free MCQ’s on Introduction.

Each set of MCQ’s consists of 10 Questions and you can see the results immediately after submitting the Set.

Free MCQ’s on Introduction

Results

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#1. Human-made goods are referred to as _____.

public goods

public goods

economic goods

economic goods

luxury goods

luxury goods

non economic goods

non economic goods

#2. ____ is the root of all economic problems.

Scarcity

Scarcity

monopoly

monopoly

recessions

recessions

inflation

inflation

#3. Which of the following is not an economic activity?

Banking

Banking

Agriculture

Agriculture

A professional cricketer playing cricket

A professional cricketer playing cricket

A student playing cricket

A student playing cricket

#4. The purchase of goods by consumers to satisfy their various needs is called as ____.

Consumption

Consumption

production

production

marketting

marketting

none of the above

none of the above

#5. What is the first stage of a statistical study?

Analysis of Data

Analysis of Data

Presentation of Data

Presentation of Data

Organisation of Data

Organisation of Data

Collection of Data

Collection of Data

#6. Statistics is:

Presentation

Presentation

Facts

Facts

Numerical data

Numerical data

None of these

None of these

#7. Which of the following is an economic activity?

Distribution

Distribution

Production

Production

Consumption

Consumption

All the above

All the above

#8. The data collected for the first time from the origin source is known as

Primary Data

Primary Data

Secondary Data

Secondary Data

Internal Data

Internal Data

None of the above

None of the above

#9. From the following who is recognised as the "Father of Statistics":

Bowley

Bowley

Bodington

Bodington

Gottfried Achenwall

Gottfried Achenwall

None of these

None of these

#10. The aggregate of data is called:

Editing of data

Editing of data

Analysis of data

Analysis of data

Statistics

Statistics

Collection of data

Collection of data

finish