Introduction to Economic Data MCQs
Introduction to Economic Data MCQs
Class: CBSE Class 11
Subject: Economics
Section: Introduction to Statistics for Economics
Topic: Introduction to Economic Data
Subject: Economics
Section: Introduction to Statistics for Economics
Topic: Introduction to Economic Data
CBSE Board Examination – MCQ Practice
1. Economic data refers to:
Answer: A
Economic data consists of numerical information related to economic activities.
Economic data consists of numerical information related to economic activities.
2. Example of economic data is:
Answer: A
National income statistics measure economic performance.
National income statistics measure economic performance.
3. Economic data helps in:
Answer: D
All depend on economic information.
All depend on economic information.
4. Population figures are:
Answer: A
Population affects economic planning.
Population affects economic planning.
5. Data on prices is used to measure:
Answer: A
Price data indicates inflation trends.
Price data indicates inflation trends.
6. Economic data must be:
Answer: D
Quality data ensures correct conclusions.
Quality data ensures correct conclusions.
7. Data collected first‑hand is called:
Answer: A
Primary data is original and first collected.
Primary data is original and first collected.
8. Published data is:
Answer: B
It is already collected by others.
It is already collected by others.
9. Economic surveys provide:
Answer: A
They supply statistical economic information.
They supply statistical economic information.
10. GDP figures are:
Answer: A
GDP measures total economic output.
GDP measures total economic output.
11. Data classification helps in:
Answer: A
Organized data aids interpretation.
Organized data aids interpretation.
12. Economic data is presented using:
Answer: D
All are presentation tools.
All are presentation tools.
13. Data interpretation means:
Answer: A
Interpretation explains meaning.
Interpretation explains meaning.
14. Census collects data from:
Answer: A
It covers all units.
It covers all units.
15. Sample survey studies:
Answer: A
It saves time and cost.
It saves time and cost.
16. Economic data supports:
Answer: D
All rely on data.
All rely on data.
17. Price index data shows:
Answer: A
It tracks price changes.
It tracks price changes.
18. Employment figures are:
Answer: A
They show labour market conditions.
They show labour market conditions.
19. Reliable data leads to:
Answer: A
Accuracy ensures sound policy.
Accuracy ensures sound policy.
20. Economic data is essential for:
Answer: D
All highlight its importance.
All highlight its importance.