Practice CBSE Class 11 Introduction MCQs Set A provided below. The MCQ Questions for Class 11 Chapter 1 Introduction Economics with answers and follow the latest CBSE/ NCERT and KVS patterns. Refer to more Chapter-wise MCQs for CBSE Class 11 Economics and also download more latest study material for all subjects
MCQ for Class 11 Economics Chapter 1 Introduction
Class 11 Economics students should review the 50 questions and answers to strengthen understanding of core concepts in Chapter 1 Introduction
Chapter 1 Introduction MCQ Questions Class 11 Economics with Answers
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
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| CBSE Class 11 Organisation of Data MCQs Set A |
| CBSE Class 11 Organisation of Data MCQs Set B |
| CBSE Class 11 Organisation of Data MCQs Set C |
| CBSE Class 11 Presentation of Data MCQs Set A |
| CBSE Class 11 Presentation of Data MCQs Set B |
| CBSE Class 11 Presentation of Data MCQs Set C |
| CBSE Class 11 Measures of Central Tendency MCQs Set A |
| CBSE Class 11 Measures of Central Tendency MCQs Set B |
| CBSE Class 11 Measures of Central Tendency MCQs Set C |
| CBSE Class 11 Correlation MCQs Set A |
| CBSE Class 11 Correlation MCQs Set B |
| CBSE Class 11 Correlation MCQs Set C |
| CBSE Class 11 Index Numbers MCQs Set A |
| CBSE Class 11 Index Numbers MCQs Set B |
| CBSE Class 11 Index Numbers MCQs Set C |
| CBSE Class 11 Use of Statistical Tools MCQs Set A |
Important Practice Resources for Class 11 Economics
MCQs for Chapter 1 Introduction Economics Class 11
Students can use these MCQs for Chapter 1 Introduction to quickly test their knowledge of the chapter. These multiple-choice questions have been designed as per the latest syllabus for Class 11 Economics released by CBSE. Our expert teachers suggest that you should practice daily and solving these objective questions of Chapter 1 Introduction to understand the important concepts and better marks in your school tests.
Chapter 1 Introduction NCERT Based Objective Questions
Our expert teachers have designed these Economics MCQs based on the official NCERT book for Class 11. We have identified all questions from the most important topics that are always asked in exams. After solving these, please compare your choices with our provided answers. For better understanding of Chapter 1 Introduction, you should also refer to our NCERT solutions for Class 11 Economics created by our team.
Online Practice and Revision for Chapter 1 Introduction 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 its also free for you. Regular revision of these Economics topics will make you an expert in all important chapters of your course.
You can get most exhaustive CBSE Class 11 Introduction MCQs Set A for free on StudiesToday.com. These MCQs for Class 11 Economics are updated for the 2025-26 academic session as per CBSE examination standards.
Yes, our CBSE Class 11 Introduction MCQs Set A 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 A, 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 A on StudiesToday.com as they provide instant answers and score to help you track your progress in Economics.