Sources of Data MCQs with Answers
Sources of Data MCQs with Answers
Class: 11
Subject: Economics
Section: Collection of Data
Topic: Sources of Data MCQs
Subject: Economics
Section: Collection of Data
Topic: Sources of Data MCQs
CBSE Board Examination Preparation
1. Sources of data are broadly classified into:
Answer: A
Data sources are mainly divided into primary (first‑hand) and secondary (already collected) sources.
Data sources are mainly divided into primary (first‑hand) and secondary (already collected) sources.
2. Data collected by the investigator himself is:
Answer: B
Primary data is original and collected for a specific objective, ensuring relevance and accuracy.
Primary data is original and collected for a specific objective, ensuring relevance and accuracy.
3. Which is NOT a source of secondary data?
Answer: C
Personal interviews generate primary data, not secondary.
Personal interviews generate primary data, not secondary.
4. Published statistics are:
Answer: B
They are already collected and published by agencies for public use.
They are already collected and published by agencies for public use.
5. Internal source of data refers to:
Answer: B
Internal data comes from company records like sales, accounts, etc.
Internal data comes from company records like sales, accounts, etc.
6. External sources include:
Answer: C
External data originates outside the organization.
External data originates outside the organization.
7. Example of unpublished secondary data:
Answer: C
Theses and dissertations may remain unpublished yet usable.
Theses and dissertations may remain unpublished yet usable.
8. Example of published secondary data:
Answer: B
Census data is officially published for research.
Census data is officially published for research.
9. Primary data is usually:
Answer: C
Collection requires time, manpower, and resources.
Collection requires time, manpower, and resources.
10. Secondary data must be checked for:
Answer: B
Accuracy, suitability, and reliability must be verified.
Accuracy, suitability, and reliability must be verified.
11. Data from international agencies is:
Answer: B
Organizations like World Bank publish secondary datasets.
Organizations like World Bank publish secondary datasets.
12. Example of internal secondary data:
Answer: B
Company records are internal and already collected.
Company records are internal and already collected.
13. Which source provides demographic data?
Answer: A
Census collects population characteristics.
Census collects population characteristics.
14. RBI bulletins are:
Answer: B
They are published macroeconomic statistics.
They are published macroeconomic statistics.
15. First‑hand information is:
Answer: B
Collected directly from respondents.
Collected directly from respondents.
16. Secondary data saves:
Answer: D
Since data already exists, resources are saved.
Since data already exists, resources are saved.
17. Unpublished data may be obtained from:
Answer: D
Many institutions hold unpublished datasets.
Many institutions hold unpublished datasets.
18. Data collected for a new survey is:
Answer: B
It is original and purpose‑specific.
It is original and purpose‑specific.
19. Suitability of secondary data means:
Answer: B
Data must fit the objective of investigation.
Data must fit the objective of investigation.
20. Best source for macroeconomic indicators:
Answer: B
Official publications provide authentic macro data.
Official publications provide authentic macro data.