MCQ questions for class 11 Economics

MCQ questions for class 11 Economics

Q-1 A person who consumes goods and services is called?

(a) customer

(b)  consumer

(c) producer

(d) Retailer


Q-2 The process of converting raw material into finished product is called?

(a) consumption

(b) production

(c) Distribution

(d) Factors of production


Q-3 which one is a scope of  statistics?

(a) Descriptive statistics

(b) Quantitative statistics

(c) Intersectoral statistics

(d) Qualitative statistics


Q-4 identify the limitation of statistics?

(a) statistics is only one of the method of studying a problem

(b) economic equilibrium

(c) quantitative expression of economic problems

(d) Economic forecasting


Q-5 which one is the importance of statistics in economics?

(a) statistical results are based only on average

(b) statistics does not deal with individual relation

(c) statistics deals only with quantitative characteristics

(d) construction of economic theories or economic models


Q-6 This definition is given by ,”it is a store of quantitative information in example quantification of facts or findings….

(a) layman

(b) Goseen’s

(c) Adam Smith

(d) Fayol


Q-7 who is the type of collection of primary data?

(a) Interview method

(b) libraries

(c) literature

(d) census of India


Q-8 survey was on drinking water,sanitation, hygiene and housing condition is to be conducted by…..

(a) census of India

(b) Reports and publications of National sample survey office.

(c) census commissioner

(d) State government


Q-9 Language of the questions should be simple and clear is a quality of a good questionnaire?

(a) simplicity.     

(b) limited no.of questions

(c) proper order of the questions

(d) no undesirable questions


Q-10 We measure literacy rate,sex composition of population by?

(a) census of India 

(b) population projection

(c) NSSO

(d) Central government


Q-11 According to secondary data Important data related to research is to be find out by?

(a) libraries

(b) questionnaire

(c) mail survey

(d) Observation method


Q-12 It is the most frequently used method when the information has to be collected quickly and inexpensive?

(a) Mail interview

(b) Telephonic interview

(c) Questionnaire

(d) personal interview


Q-13 The list of the questions is to be called.?

(a) Series of the questions

(b) proper order of the questions

(c) Questions list

(d) Questionnaire


Q-14 The fresh hand data is also known as?

(a) secondary data

(b) primary data

(c) Tertiary data

(d) none of these


Q-15 After a research problem has defined,the next step is?

(a) collection of data

(b) Analysis of data

(c) interpretation of data

(d) none of these


Q-16 Customer movement is an example of?

(a) observation method

(b) interview method

(c) Libraries

(d) Literature


Q-17 A person who takes an interview is called ?

(a) Interviewer

(b) interviewee

(c) Respondent

(d) Researcher


Q-18 Face to face interview is also known as?

(a) Mail interview

(b) Telephonic interview

(c) personal Interview

(d) Questionnaire


Q-19 which one is not the component of Economics?

(a) Distribution

(b) consumption

(c) production

(d) saving


Q-20 The expenditure by the producer on the purchase of fixed assets is called?

(a) Expenses

(b) Revenue

(c) investment

(d) None of the above