Term 1 Sample Paper Class 11 Economics 2021-22

Term 1 Sample Paper Class 11 Economics 2021-22

All questions are compulsory. Each carries 1 mark.

1. When the values of the variable that increased not in jumps….

a) continuous variables

b) discrete variables

c) flow variable

d) stock variable


2. What do you mean by cumulative frequency series?

a) adding the corresponding values

b) difference between the two values

c) total of all values

d) none


3. Which is not the objective of classification?

a) attractive and effective

b) comparability

c) simplification and briefness

d) stability


4. Identify that it is not the characteristics of the good classification?

a) Comprehensiveness

b) Clarity

c) elastic

d) none


5. In which case the upper limit of one class interval is the lower limit of the next class interval?

a) inclusive series 

b) exclusive series

c) variables

d) cumulative frequency series


6. In which lower limit of the first class interval and the upper limit of last class interval is missing?

a) inclusive series

b) exclusive series

c) open end series

d) none


7. Which is not the component of a table?

a) Headnote

b) Footnote

c) body or field

d) unit


8. MP, AP, govt is an example of…….

a) Source

b) Abbreviations

c) Headnote

d) Footnote


9. When the data is to be classified according to the time…

a) temporal classification

b) quantitative classification

c) qualitative classification

d) spatial classification


10. When the data are to be classified according to the place or a location is called___.

a) Temporal classification

b) Quantitative classification

c) Qualitative classification

d) spatial classification


11. is an example of_____

a) bold line

c) dotted line

c) broken line

d) none


12. Which is a limitation of diagramatic and graphic presentation?

a) limited use

b) simple

c) from left to right or bottom to top

d) attractive and effective


13. Identify that which one is not a type of bar diagram?

a) Pie or circular diagram

b) simple bar diagram

c) multiple bar diagram

d) subdivided bar diagram


14. In which curve a curve is plotted by joining the midpoints of the all tops of a histogram?

a) frequency curve

b) frequency polygon

c) histogram

d) none


15. When the cummulative frequencies are plotted on the graph paper….

a) frequency curve

b) frequency polygon

c) ogive

d) histogram


16. Bars may be ________

a) Vertical

b) Horizontal

c) Both a & c

d) None


17. A person who consumes goods and services is called?

a) Customer

b) Consumer

c) Producer

d) Retailer


18. The process of converting raw material into finished product is called?

a) Consumption

b) Production

c) Distribution

d) Factors of production


19. Which one is a scope of statistics?

a) Descriptive statistics

b)  Quantitative statistics

c) Intersectoral statistics

d) Qualitative statistics


20. 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


21. 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


22. 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


23. Who is the type of collection of primary data?

a) Interview method

b) Libraries

c) Literature

d) Census of India


24. 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


25. 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


26. We measure literacy rate, sex composition of population by?

a) census of India

b) population projection

c) NSSO 

d) Central government


27. 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


28. 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


29. 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


30. The fresh hand data is also known as?

a) secondary data

b) primary data

c) Tertiary data

d) none of these


31. 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


32. Customer movement is an example of?

a) observation method

b) interview method

c) Libraries

d) Literature


33. A person who takes an interview is called ?

a) Interviewer 

b) Interviewee

c) Respondent

d) Researcher


34. Face to face interview is also known as?

a) Mail interview

b) Telephonic interview

c) personal Interview

d) Questionnaire


35. Which one is not the component of Economics?

a) Distribution

b) Consumption

c) Production

d) Saving


36. The expenditure by the producer on the purchase of fixed assets is called?

a) Expenses

b) Revenue

c) Investment

d) None of the above


37. Graphs may be divided on

a) one variable graph

b) two variables graph

c) two or more graphs

d) none


38. The title of the rows of table are called …

a) Stubs

b) Captions

c) title

d) none


39. The title of the columns of the table are called……

a) Captions

b) Stubs

c) Footnote

d) Headnote


40. Homogeneity means…..

a) same value

b) different value

c) both a & c

d) none