CBSE Class 11 Economics Question Bank

Class 11 Economics Study Guide: CBSE Class 11 Economics Question Bank

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INTRODUCTION

1. DEFINE ECONOMICS.

2. Critically examine Marshall’s definition of economics.

3. Distinguish between economic and non-economic activities. To what extent such a type of division is appropriate and proper? Explain.

4. Distinguish between microeconomics and macroeconomics.

5. Is economics a positive science or normative science or both? Explain with the help of example.

Q.1 Give any two important qualities of a good questionnaire.

Q.2 What is meant by information through correspondence?

Q. 3 Dfine primary data.

Introduction to statistics

1. What is meant by secondary sources of information?

2. Give any two main functions of statistics.

3. Why is statistics important for economic analysis.

4. What are the limitation of statistics?

5. Define statistics in singular and plural form.

DEVELOPMENT EXPERIENCE (1947-90) AND INDIAN ECONOMIC REFORMS SINCE 1991.

1. When was Railways introduced?

2. Define export surplus.

3. Name some notable economist who estimated India’s per capita income during colonial period.

4. What was the two fold motive behind the de- industrialization by the colonial govt. in preindependent India?

5. How did the British ruler’s policy adversely affect the foreign Trade of India?

6. Give a brief account of qualitative aspect of demographic profile of India during British rule?

7. What does colonialism refer?

8. When was India’s first official census operation undertaken?

9. When was the Tata Iron and Steel Company (TISCO) incorporated in India?

10. Whose interest were served by the economic policies pursued by the British govt. in India?

11. Differentiate between long term and short term planning.

12. Give a brief note on Industrial Policy Resolution 1991

13. Who formulated plans in India?

14. When was India’s planning commission constituted and who was its chairman?

15. What is the current name of the planning commission and when it was constituted?

16. What was the main objectives of first three five year plan?

17. What is the main objective of current five year plan and its duration?

18. Differentiate among different type of economic system.

19. Explain the following:

(a) Self-reliance

(b) Equity

(c) Modernization

(d) Growth

(e) Land reforms

(f) Land ceiling

(g) Green revolution

(h) Industrial Policy resolution 1956.

(i) Trade Policy/ Import substitution

20. Define new economic policy and its features of it.

21. Define WTO

Methods of data collection, Organization of data

1. Distinguish between census and sampling method of data collection.

2. Explain any two advantages of Sampling method.

3. Differentiate between primary and secondary data.

4. What are the methods of primary data collection?

5. Define classification of data and its objectives and types.

6. Differentiate between continuous and discrete series.

7. Make frequency distribution table from any data.

8. Estimate mean of the following series.

Class intervals- 0-5 5-10 10-15 15-20 20-25 25-30 30-35 35-40

Frequency- 11 3 24 17 7 16 5 1

9. From the following data, calculate the weighted mean:

 Marks 62 77 65 62 57

Weights 2 1 2 3 4

10. 26. The mean height of 25 male workers in a factory is 61 inches and mean height of 35 female workers in the same factory is 58 inches. Find the combined mean of 60 workers.

LPG OR NEW ECONOMIC REFORMS AND POVERTY

1. Define new economic reforms. And its objectives .

2. Define LPG in details.

3. Define Navratnas

4. Define poverty. Distinguish between absolute and relative poverty.

5. Explain any three main causes of poverty in India.

6. How does inflation affect poorer section of society ? Explain

7. How does poverty affect economic growth? Comment.

8. Explain any four poverty eradication programmes adopted in India after independence.

9. Suggest some effective measures to control poverty in India.

10. Define poverty and its type.

11. Briefly explain the three dimensional attack on poverty adopted by the govt.

12. What programmed has the govt. adopted to help the elderly people and poor destitute women?

13. What is “Head Count Ratio”?

14. Who is estimating the data related to poverty?

tabular presentation, diagrammatic presentation

1. Define table and its parts.

2. From the following data of imports and exports of a firm, prepare a mutiple bar- diagram.

Year 2003 2004 2005 2006 2007

Imports

( in Rs)

30 59 72 90 62

Export(in Rs) 10 34 23 40 29

CHAPTER -5,6 RURAL DEVELOPMENT AND HUMAN CAPITAL FORMATION

1. What are the sources of rural credit?

2. Bring out the difference between human capital and human development.

3. Mention two govt.organization each that regulate health and education sectors.

4. What are the main problems of human capital formation?

5. What are the different sources of Human capital formation?

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Free CBSE Study Guides: Class 11 Economics Question Bank

Comprehensive Study Resources for Question Bank

Access comprehensive study material for Question Bank, including revision notes, concept maps, and high-probability questions. These resources are designed in alignment with the latest 2026 CBSE syllabus for Class 11 Economics to support effective exam preparation.

Understanding Marking Schemes

Each resource draws directly from authorized textbooks to maintain academic accuracy. Evaluating solved examples allows Class 11 students to master the formal presentation and answer-writing standards expected in upcoming school exams.

Complete Revision for Economics

Maximize your grade potential by utilizing Class 11 Economics practice papers in tandem with these structured notes. All printable assignments and interactive mock tests on our platform are updated for the 2026 session and available free of charge.

FAQs

What is included in the advanced study material for Class 11 Economics Question Bank?

Our advanced study package for Question Bank includes detailed concepts, diagrams, Mind Maps, and explanation of complex topics to ensure Class 11 students learn as per syllabus for 2026 exams.

How do Mind Maps for Economics Question Bank help in revision?

The Mind Maps provided for Question Bank act as visual anchors which will help faster recall during high-pressure exams.

Are these Economics resources suitable for both classroom teaching and self-study?

Yes, teachers use our Class 11 Economics resources for lesson planning as they are in simple language and have lot of solved examples.

Is this advanced study material for Question Bank free to download in PDF?

Yes, You can download the complete, mobile-friendly PDF of the Economics Question Bank advanced resources for free.

Does this material cover rationalized content for the 2026-27 CBSE session?

Yes, our subject matter experts have updated the Question Bank material to align with the rationalized NCERT textbooks and have removed deleted topics and added new competency-based questions.