Our Class 11 Economics online tests are ready for the CBSE 2026-27 session. Take one, and your score shows up right away - a quick way to see how your Economics prep is going.
Class 11 Economics Tests, Chapter by Chapter
Each test below covers one Economics chapter from the Class 11 book. Our teachers built these to match the CBSE 2026-27 marking scheme closely. Click a chapter to start - there's no login, and you can try a test as many times as you want.
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Class 11 Economics: Concept Navigators & Chapter Diagnostic Tests Select any unit below to use live statistical calculators and practice high-yield diagnostic questions from Statistics and Indian Economic Development with instant explanations. Interactive Concept Tool: Central Tendency & Dispersion Solver Q1.Which measure of central tendency can be located graphically using the intersection of 'Less than' and 'More than' Ogives? Answer: (b) Median. The point where the cumulative frequency curves (ogives) intersect corresponds on the horizontal X-axis directly to the Median value.
Q2.Which method of data collection is most suitable when the field of investigation is vast and respondents are literate? Answer: (c) Mailed Questionnaire Method. When respondents are educated and geographically dispersed, mailing questionnaires is cost-effective and covers an expansive sample area.
Q3.What is the algebraic sum of deviations of a series of observations from their Arithmetic Mean ($\sum(X - \bar{X})$)? Answer: (a) Always 0. A key mathematical property of the arithmetic mean is that positive and negative deviations from the mean cancel out completely, yielding zero.
Interactive Concept Tool: Karl Pearson Correlation ($r$) Evaluator Q1.Why is Fisher's Ideal Index Number called 'ideal'? Answer: (c). Fisher's index ($P_{01} = \sqrt{L \times P}$) satisfies both the Time Reversal Test and the Factor Reversal Test, taking both base and current year weights into consideration.
Q2.If the correlation coefficient between two variables $X$ and $Y$ is zero ($r = 0$), it indicates: Answer: (b) Absence of any linear relationship between the variables. $r = 0$ signifies no linear association, though a non-linear or curvilinear relationship may still exist.
Q3.In the construction of the Consumer Price Index (CPI), which weighting formula is conventionally employed? Answer: (a) Base-year weighted (Laspeyres formula). CPI uses base-period consumption basket weights ($q_0$) to maintain a consistent consumption benchmark over time.
Interactive Concept Tool: 1991 Economic Reforms (LPG) Policy Explorer Q1.What was the principal reason for the stagnant agrarian sector during British colonial rule in India? Answer: (b) The exploitative Zamindari land settlement system. Zamindars extracted heavy rent from cultivators regardless of harvest yield without investing in land improvement or irrigation.
Q2.The Industrial Policy Resolution (IPR) of 1956 formed the basis of which Five Year Plan in India? Answer: (b) Second Five Year Plan (Mahalanobis Model). IPR 1956 prioritized public sector expansion in heavy basic industries to foster self-reliant industrialization.
Q3.Which crisis prompted India to introduce the New Economic Policy (NEP) in July 1991? Answer: (a). Heavy fiscal deficits, double-digit inflation, and foreign exchange reserves shrinking below $1 billion prompted emergency loans from the IMF and World Bank.
Interactive Concept Tool: Human Development & Demographic Comparison Sorter Q1.What is the main source of institutional agricultural credit established in 1982 to serve as an apex body for rural finance? Answer: (c) NABARD. NABARD coordinates refinancing across cooperatives, commercial banks, and RRBs for rural development.
Q2.The movement of the workforce from formal, organized jobs into unorganized, insecure informal sector employment is termed: Answer: (b) Informalisation of Workforce. Informalisation refers to a rising proportion of workers entering the unorganized informal sector without social security benefits.
Q3.In China, the policy campaign launched in 1958 aimed at industrializing the country on a massive scale by encouraging backyard furnaces was: Answer: (a) The Great Leap Forward (GLF). Initiated by Mao Zedong, the GLF sought to rapidly transform China from an agrarian society into an industrial nation.
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| Statistics Chapter 06 Correlation Mock Test Set 01 |
| Statistics Chapter 06 Correlation Mock Test Set 02 |
| Statistics Chapter 06 Correlation Mock Test Set 03 |
| Statistics Chapter 07 Index Numbers Mock Test Set 01 |
| Statistics Chapter 07 Index Numbers Mock Test Set 02 |
| Statistics Chapter 07 Index Numbers Mock Test Set 03 |
| Statistics Chapter 08 Use of Statistical Tools Mock Test Set 01 |
Free study material for Economics
FAQs
You can start the latest Economics mock tests for Class 11 by selecting your chapter from the links above. These tests are free, dont need login and are optimized for the 2026-27 academic session.
Yes, our Economics online tests are strictly as per the latest CBSE pattern with 20% MCQ weightage and main focus on competency-based and case-study questions.
After submitting your Class 11 Economics test, you can see score report and correct/incorrect answers.
There are no limits. You can re-attempt any Economics online test as many times for free, master concepts, improve your speed and accuracy.
Yes, the StudiesToday online test platform is mobile-first. Class 11 Economics students can take these tests on any smartphone.
Online tests help Class 11 students build confidence and time management. By solving above tests MCQs you can apply theoretical knowledge which is important for 2026-27 exams.