Hello Students we are providing mcqs of class 11 Economics (statistics) lesson 1 Concept of Economics and Significance of Statistics in Economics These objective questions is very helpful for your study because these question cover a wide topic and easy to understand
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Q.1. Statistics is defined in terms of numerical data in the
(a) Singular sense
(b) Plural sense
(c) Either (a) or (b)
(d) Both (a) and (b).
Q. 2. Which of the following is a statistical data?
(a) Ram is 50 year old
(b) Height of ram is 5’6 and of Shyam and Hari is ‘53” and 5’4” respectively
(c) Height of ram is 5’6” and weight is 90kg
(d) None of these
Q.3. Which of the following is correct regarding Statistics?
(a) Aggregate of facts
(b) Numerically expressed
(c) Affected by multiplicity of causes
(d) All of these
Q.4. Which of the following indicates a stage of statistical study?
(a) Collection of data
(b) Presentation of data
(c) Analysis of data
(d) All of these
Q.5. In plural sense, which of the following is not a characteristic of statistics?
(a) Aggregate of data
(b) Only expressed in words
(c) Affected by multiplicity of causes
(d) Collected in a systematic manner
Q.6. The process of converting raw material into goods is called:
(a) Production
(b) Saving
(c) Investment
(d) Exchange
Q.7. Which of the following is an economic activity?
(a) Production
(b) Consumption
(c) Investment
(d) None of these
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