Class 11 MCQ Introduction of Statistics

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 1._____ is one who consumes goods and services for the satisfaction of their wants.

(a) Producer

(b) Consumer

(c) Investor

(d) All of the above

2. ______ is the one who produces or sells goods and services for the generation of income.

(a) Producer          (b) Consumer

(c) Investor         (d) All of the above

3. Scarcity of resources applies to all:

(a) Individuals    (b) Organisations

(c) Countries  (d) All of the above

4. Welfare definition of Economics has been given by:

 (a) Lionel Robbins        (b) Adam Smith

(c) Alfred Marshall       (d) Samuelson

(a) Lionel Robbins. 

5. Which definition was given by Adam Smith?

(a) Welfare Definition     (b) Wealth Definition

(c) Scarcity Definition     (d) Growth Oriented Definition

6. Which economic activity deals with the use of goods and services for the satisfaction of human wants?

(a) Consumption  (b) Exchange

(c) Production     (d) Distribution

7. Who expressed the view that "Economics is neutral between ends"?

  (a) Robbins  (b) Marshall

(d) Adam Smith  (c) Pigou

8. The law of scarcity:

(a) Does not apply to rich, developed countries

(b) Applies only to the less developed countries

(c) Implies that consumers want will be satisfied in a socialistic system

(d) Implies that consumer's wants will never be completely satisfied

9. Which of the following is a Non-economic Activity?

(a) Housewife cooking food for her family

(b) Doctor attending to patients in his clinic

(c) Worker working in a factory

(d) Chef cooking food at a Restaurant

10. Basis reason for existence of economic problem is:

(a) Unlimited Wants    (b) Scarcity

(c) Alternative uses (d) None of the above

11. Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives: 

Assertion (A): Scarcity definition of economics was given by Prof. Lionel Robbins.

Reason (R): Scarcity is universal and applies to all individuals, organisations and countries,

Altematives:

(a) Both Assertion (A) & Reason (R) are True & Reason (R) is the correct explanation of Assertion (A),

(b) Both Assertion (A) & Reason (R) are True & Reason (R) is not the correct explanation of Assertion (A)

(c) Assertion (A) is True but Reason (R) is False.

(d) Assertion (A) is False but Reason (R) is True.

12. Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives:

Assertion (A): Production is an economic activity.

Reason (R): Production includes all those activities which are undertaken to produce goods and services for generation of income and satisfying human wants.

Alternatives:

(a) Both Assertion (A) & Reason (R) are True & Reason (R) is the correct explanation of Assertion (A).

(b) Both Assertion (A) & Reason (R) are True & Reason (R) is not the correct explanation of Assertion (A).

(c) Assertion (A) is True but Reason (R) is False.

(d) Assertion (A) is False but Reason (R) is True.

13.. Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives:

Assertion (A): Scarcity is the root caus of all economic problems.

Reason (R): We face scarcity because human wants are also limited.

Alternatives:

(a) Both Assertion (A) & Reason (R) are True & Reason (R) is the correct explanation of Assertion (A).

(b) Both Assertion (A) & Reason (R) are True & Reason (R) is not the correct explanation of Assertion (A)

(c) Assertion (A) is True but Reason (R) is False.

(d) Assertion (A) is False but Reason (R) is True.

14. Read the following statements carefully and choose the correct alternative from the following: Statement 1: Economics is concerned with the selection of resources under conditions of scarcity. 

Statement 2: Scarcity of resources exist only in case of developing economies.

Alternatives:

(a) Both the statements are true.

(b) Both the statements are false.

(c) Statement 1 is true & Statement 2 is false.

 (d) Statement 2 is true & Statement 1 is false.

15. Read the following statements carefully and choose the correct alternative from the following:

Statement 1: Economic activities are undertaken to get satisfaction. services. 

Statement 2: Economic activities are concerned with production, consumption and distribution of goods and services. 

Alternatives:

(a) Both the statements are true.

(b) Both the statements are false.

(c) Statement 1 is true & Statement 2 is false.

 (d) Statement 2 is true & Statement 1 is false.

16. The word 'statistics' is used as:

(a) Singular      (b) Plural

(c) Both (a) and (b)  (d) None of these

17. The proper use of statistics can be made by:

(a) Cheats  (b) Everyone

(c) Experts  (d) Common Man

18. Statistics as a singular noun means:

(a) Statistical Data  (b) Statistical Methods

(c) Inductive Statistics (d) Descriptive Statistics

19. Statistics is the science of analysing:

(a) Qualitative data  (b) Quantitative data

(c) Any kind of data   (d) Both (a) and (b)

20. Statistics as a plural noun indicates:

(a) Statistical Methods  (b) Descriptive Statistics

(c) Statistical Data  (d) Inductive Statistics

21. The statistics is concerned with:

(a) Aggregate of organised facts 

b) Aggregate of disorganised facts

(c) Aggregate of useless facts

(d) Aggregate of unrelated facts

22. Distrust of statistics is due to:

(a) Misuse of statistics (b) Insufficient statistical methods

(c) Scope of statistics is limited  (d) Limitations of statistics

23. Statistics in singular sense includes:

(a) Collection of data  (b) Organisation of data

(c) Presentation of data  (d) All of the above

24.. The characteristics of statistics in plural sense are:

(a) Aggregate of facts

(c) Affected by multiplicity of causes

(b) Collected for a pre-determined purpose

(d) All of the above

25. Statistics is used by:

(a) Businessmen     (b) Economists

(c) Government     (d) All of the above

26. in singular sense, which of the following is not a characteristic of Statistics?

(a) Collection of Data   (b) Aggregate of facts

(c) Analysis of Data  (d) Interpretation of Data

27. Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives:

 Assertion (A): Only experts can make the best possible use of techniques of Statistics.

Reason (R): The techniques of Statistics are complicated in nature.

Alternatives:

(a) Both Assertion (A) & Reason (R) are True & Reason (R) is the correct explanation of Assertion (A).

(b) Both Assertion (A) & Reason (R) are True & Reason (R) is not the correct explanation of Assertion (A).

(c) Assertion (A) is True but Reason (R) is False.

(d) Assertion (A) is False but Reason (R) is True.

28. Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives: 

Assertion (A): In Plural Sense, Statistics means a collection of numerical facts.

Reason (R): Statistics should be enumerated according to a reasonable standard of accuracy.

Alternatives:

(a) Both Assertion (A) & Reason (R) are True & Reason (R) is the correct explanation of Assertion (A).

(b) Both Assertion (A) & Reason (R) are True & Reason (R) is not the correct explanation of Assertion (A).

(c) Assertion (A) is True but Reason (R) is False.

(d) Assertion (A) is False but Reason (R) is True.

29. Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives:

Assertion (A): Statistical data should be uniform and homogeneous.

Reason (R): Homogeneous data is not comparable.

Alternatives:

(a) Both Assertion (A) & Reason (R) are True & Reason (R) is the correct explanation of Assertion (A).

(b) Both Assertion (A) & Reason (R) are True & Reason (R) is not the correct explanation of Assertion (A).

(c) Assertion (A) is True but Reason (B) is False

(d) Assertion (A) is False but Reason (R) is True.

(c) Statement 1 is true & Statement 2 is false.

(d) Statement 2 is true & Statement 1 is false.

30. Read the following statements carefully and choose the correct alternative from the following: Statement 1: The purpose of collecting statistical data needs to be decided in advance. 

Statement 2: In plural sense, the term 'Statistics' means statistical methods.

Alternatives:

(a) Both the statements are true.

(b) Both the statements are false.

(c) Statement 1 is true & Statement 2 is false.

(d) Statement 2 is true & Statement 1 is false.

31. Read the following statements carefully and choose the correct alternative from the following:

Statement 1: Statistics in plural sense is descriptive in nature.

Statement 2: A high degree of accuracy is not insisted upon in statistics as mass of data is involved.

Alternatives:

(a) Both the statements are true.

(b) Both the statements are false.

(c) Statement 1 is true & Statement 2 is false.

(d) Statement 2 is true & Statement 1 is false.

32. Read the following statements carefully and choose the correct alternative from the following: Statement 1: The techniques of statistics are so simple that they can be used by any layman. Statement 2: Statistical laws are probabilistic in nature and not exact.

Alternatives:

(a) Both the statements are true.

(b) Both the statements are false.

(c) Statement 1 is true & Statement 2 is false.

(d) Statement 2 is true & false









Answer Keys 

1. Ans (b) Consumer

2. (a) Producer 

3. (d) All of the above

4. (c) Alfred Marshall 

5.    (b) Wealth Definition

6. (a) Consumption

7.   (a) Robbins  

8. (c) Implies that consumers want will be satisfied in a socialistic system

9. (a) Housewife cooking food for her family

10. (b) Scarcity

11. (b) Both Assertion (A) & Reason (R) are True & Reason (R) is not the correct explanation of Assertion (A)

12. (a) Both Assertion (A) & Reason (R) are True & Reason (R) is the correct explanation of Assertion (A).

13. (c) Assertion (A) is True but Reason (R) is False

14. (c) Statement 1 is true & Statement 2 is false.

15. (d) Statement 2 is true & Statement 1 is false.

16. (c) Both (a) and (b)

17. (c) Experts 

18.  (b) Statistical Methods

19.  (b) Quantitative data

20. (c) Statistical Data

21. (a) Aggregate of organised facts 

22. (a) Misuse of statistics

23. (d) All of the above

24. (d) All of the above

25. (d) All of the above

26. (b) Aggregate of facts

27. (a) Both Assertion (A) & Reason (R) are True & Reason (R) is the correct explanation of Assertion (A).

28. (b) Both Assertion (A) & Reason (R) are True & Reason (R) is not the correct explanation of Assertion (A).

29. (c) Assertion (A) is True but Reason (B) is False

30. (c) Statement 1 is true & Statement 2 is false.

31. (a) Both the statements are true.

32. (d) Statement 2 is true & false

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