Find CBSE Class 11 Introduction MCQs Set 01 below. Practice the MCQ Questions for Class 11 Chapter 1 Introduction Economics with answers designed around official CBSE, NCERT, and KVS styles. Look into more chapter-wise MCQs for CBSE Class 11 Economics and grab additional latest study materials for all subjects.
CBSE/Class 11 Economics: Chapter 1 Introduction Questions
Check out the 50 questions with answers for Class 11 Economics to build a strong grasp of every topic in Chapter 1 Introduction.
Practice Set: Chapter 1 Introduction Class 11 Economics
Question : Which of the following statements is not an example of Statistics?
(a) Birth rate in India is 18 per thousand as compared to 8 per thousand in the US.
(b) Ramesh has a Rs. 100 note in his pocket.
(c) Over the last 10 years, India has won 60 text matches in cricket and lost 50.
(d) Average pocket allowance of the students of Class XI is Rs. 500 per month.
Answer : B
Question : 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)
Answer : B
Question : 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
Answer : D
Question : In singular sense Statistics means:
(a) statistical science
(b) statistical law
(c) both (a) and (b)
(d) none of these
Answer : C
Question : 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
Answer : D
Question : 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
Answer : B
Question : The process of converting raw material into goods is called:
(a) production
(b) saving
(c) investment
(d) exchange
Answer : A
Question : The aggregate of data is called:
(a) Statistics
(b) editing of data
(c) analysis of data
(d) collection of data
Answer : A
Question : 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
Answer : A
Question : Which of the following is an economic activity?
(a) Production
(b) Consumption
(c) Distribution
(d) All of these
Answer : D
Question : The proper use of statistics can be made by:
(a) Cheats
(b) Everyone
(c) Experts
(d) Common Man
Answer : C
Question : Which of the following statements is incorrect?
(a) Resources have alternative uses
(b) All numbers are Statistics
(c) Macroeconomics studies large aggregates
(d) Statistics studies only the aggregates of quantitative facts
Answer : B
Question : Statistics is the science of analysing:
(a) Qualitative data
(b) Quantitative data
(c) Any kind of data
(d) Both (a) and (b)
Answer : B
Question : Distrust of statistics is due to:
(a) Misuse of statistics
(b) Insufficient statistical methods
(c) Scope of statistics is limited
(d) Limitations of statistics
Answer : A
Question : Statistics as a plural noun indicates:
(a) Statistical methods
(b) Descriptive statistics
(c) Statistical data
(d) Inductive statistics
Answer : C
Question : Statistics as a singular noun means:
(a) Statistical data
(b) Statistical methods
(c) Inductive statistics
(d) Descriptive statistics
Answer : B
Question : With regards to distrust of Statistics which of the following statements is not correct?
(a) Statistics is a rainbow of lies
(b) Statistics are tissues of falsehood
(c) Statistics express the facts in numbers
(d) There are three kinds of lies-lies, damned lies and statistics
Answer : C
Question : The word ‘statistics’ is used as:
(a) Singular
(b) Plural
(c) Singular and Plural both
(d) None
Answer : C
Attempt Mock Tests on this topic
Free study material for Economics
Multiple Choice Questions (MCQs) for Class 11 Economics Chapter 1 Introduction
MCQs for Chapter 1 Introduction Economics Class 11
Access these MCQs for Chapter 1 Introduction to evaluate your conceptual understanding swiftly. Built according to the active CBSE curriculum for Class 11 Economics, these multiple-choice questions encourage regular practice. Solving these objective problems helps clarify core themes and raises grades in school evaluations.
Chapter 1 Introduction NCERT Based Objective Questions
Compiled directly from the official NCERT book for Class 11, these Economics MCQs focus on high-yield exam areas frequently tested in evaluations. Once finished, cross-reference your answers with our given solutions. To deepen your understanding of Chapter 1 Introduction, read through our professional NCERT solutions for Class 11 Economics.
Interactive MCQ Tests for Class 11 Economics
To prepare for your exams you should also take the Class 11 Economics MCQ test for this chapter on our website. This will help you improve your speed and accuracy and it is also free for you. Regular revision of these Economics topics will make you an expert in all important chapters of your course.
FAQs
You can get most exhaustive CBSE Class 11 Introduction MCQs Set 01 for free on StudiesToday.com. These MCQs for Class 11 Economics are updated for the 2026-27 academic session as per CBSE examination standards.
Yes, our CBSE Class 11 Introduction MCQs Set 01 include the latest type of questions, such as Assertion-Reasoning and Case-based MCQs. 50% of the CBSE paper is now competency-based.
By solving our CBSE Class 11 Introduction MCQs Set 01, Class 11 students can improve their accuracy and speed which is important as objective questions provide a chance to secure 100% marks in the Economics.
Yes, Economics MCQs for Class 11 have answer key and brief explanations to help students understand logic behind the correct option as its important for 2026 competency-focused CBSE exams.
Yes, you can also access online interactive tests for CBSE Class 11 Introduction MCQs Set 01 on StudiesToday.com as they provide instant answers and score to help you track your progress in Economics.