CBSE Class 11 Economics VBQs Collection of Data

Read and download the CBSE Class 11 Economics VBQs Collection of Data. Designed for the 2025-26 academic year, these Value Based Questions (VBQs) are important for Class 11 Economics students to understand moral reasoning and life skills. Our expert teachers have created these chapter-wise resources to align with the latest CBSE, NCERT, and KVS examination patterns.

VBQ for Class 11 Economics Statistics for Economics Chapter 2 Collection of Data

For Class 11 students, Value Based Questions for Statistics for Economics Chapter 2 Collection of Data help to apply textbook concepts to real-world application. These competency-based questions with detailed answers help in scoring high marks in Class 11 while building a strong ethical foundation.

Statistics for Economics Chapter 2 Collection of Data Class 11 Economics VBQ Questions with Answers

Multiple Choice Questions

Question. Which of the following things should be kept in mind while collecting secondary data?
(a) Purpose of study
(b) Reliability of source
(c) Competency of collecting authority
(d) All of the above
Answer : D

Question. Which of the following is/are source(s) of secondary data?
(i) NSSO reports
(ii) BI annual reports
(iii) Unpublished research papers
(iv) Journal and newspapers
Choose from the below options.
(a) (i), (ii) and (iii)
(b) (ii), (iii) and (iv)
(c) (i), (iii) and (iv)
(d) (i), (ii), (iii) and (iv)
Answer : D

Question. Which of the following is/are method(s) of collecting primary data?
(a) Direct personal investigation
(b) Indirect oral investigation
(c) Information through local correspondents
(d) All of the above
Answer : D

Question. Under random sampling, each item of the universe has ……………..chance of being selecte(d)
(a) Equal
(b) Unequal
(c) Zero
(d) None of these
Answer : A

Question. Data collected for the first time from the source of origin is called …,……………
(a) Primary data
(b) Secondary data
(c) Internal data
(d) None of these
Answer : D

Question. Tabulation is, arranging data in –
(a) Rows and graphs
(b) Rows and columns
(c) Rows and diagrams
(d) Diagrams and graphs
Answer : B

Question. Which of the following factors are considered when comparison between sampling and census method is made?
(a) Area of survey
(b) Accuracy of data
(c) Cost of collection
(d) All of these
Answer : D

Question. Which of the following methods is used when an investigator collects the required information with the respondent?
(a) Direct personal investigation
(b) Indirect oral investigation
(c) Mailing surveys
(d) All of these
Answer : A

Question. …………….. Method is suitable for small size of population
(a) Sample
(b) Quota
(c) Census
(d) None of these
Answer : C

Question. Exit Polls is an interesting example of …………………
(a) Haphazard Sampling
(b) Stratified Sampling
(c) Quota Sampling
(d) Random Sampling
Answer : D

Question. Schedules are filled by the……………………………….
(a) Investigator
(b) Enumerator
(c) Respondent
(d) None of these
Answer : B

Question. Census of India, collect data related to ………………..
(a) Industry
(b) National Income
(c) Agriculture
(d) Demography
Answer : D

Question. Census method is suitable for that investigation in which…………….
(a) The size of population
(b) High degree of accuracy is not required
(c) There are widely diverse items
(d) Why there is no need for a thorough examination of items
Answer : C

Question. Primary data should be preferred where less time is available to collect the data.
Choose the most appropriate option from the given below.
(a) True
(b) False
(c) Partially true
(d) Incomplete statement
Answer : B

Question. ……… is a method of gathering information from the respondents.
(a) Survey
(b) Sample
(c) Information
(d) None of these
Answer : A

Question. Which of the following is a limitation of personal interview?
(a) Lacks accuracy
(b) Personal prejudices
(c) Not capable of covering wide area
(d) Both (b) and (c)
Answer : D

Question. Which of the following is/are the feature(s) of an ideal questionnaire?
(i) Questions should be in MCQ from as much as possible
(ii) Numerical calculations should be avoided
(iii) Logical sequence should be followed
(iv) Questions related to religious, political and personal views should be avoided
Choose from the options below.
(a) (i), (ii) and (iii)
(b) (ii), (iii) and (iv)
(c) (i), (iii) and (iv)
(d) (i), (ii), (iii) and (iv)
Answer : D

Question. Data collected fromsecondary sources are
(a) collected with the objective different from the study for which it was primarily used
(b) more reliable as compared to primary sources
(c) not available in published form
(d) All of the above
Answer : A

 

Direction Read the following case study and answer questions 71 to 75 on the basis of the same.
The first and most popular data collection techniques for eliciting idiosyncratic emotion content are structured and semistructured in-depth interviews with open-ended and probing questions activating an athlete’s recall of thoughts and feelings prior to and during best and worst performances.
It is usually recommended in pilot and exploratory studies to generate idiosyncratic labels and then to aggregate most selected items into a stimulus list or standardised emotion scale.
Case study research typically includes multiple data collection techniques and data are collected from multiple sources.
Data collection techniques include interviews, observations (direct and participant), questionnaires, and relevant documents.
The use of multiple data collection techniques and sources strengthens the credibility of outcomes and enables different
interpretations and meanings to be included in data analysis. This is known as triangulation.

Question. Open-ended surveys are those which includes ……… .
(a) fixed opinions
(b) varied opinions
(c) Both (a) and (b)
(d) Neither (a) nor (b)
Answer : B

Question. Which are the multiple sources of collection of data available?
(a) Internal and External
(b) Primary and Secondary
(c) Both (a) and (b)
(d) Neither (a) nor (b)
Answer : A

Question. Assertion (A) Various methods of quantitative facts ensure credibility of information.
Reason (R) Unverified data leads to misleading conclusion and defeat the purpose of study. Alternatives
(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
(b) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is true, but Reason (R) is false
(d) Both are false
Answer : A

Question. Triangulation refers to
(a) multiple data collection techniques and sources to strengthens the credibility of outcomes.
(b) enables different interpretations and meanings to be included in data analysis.
(c) Both (a) and (b)
(d) Neither (a) nor (b)
Answer : C

Question. The method discussed in the case study is a method of ……… .
(a) collecting primary data
(b) collecting secondary data
(c) conducting survey
(d) All of the above
Answer : A

 

Very Short Answer Type Questions

Question. Give the meaning of secondary data.
Answer : The data which are obtained by the investigator/ enumerators from some one else records and were collected for some other purpose.

Question. Define sample.
Answer : Sample is a group of items taken from the population for investigation and representative of all the items or universe.

Question. What are non sampling errors?
Answer : Non sampling errors can occur is any type of survey whether it be a census or sample survey such as measurement errors.

Question. Suppose there are 10 students in a class. Only three students to be selected out of them. How maney samples are possible.
Answer : To select the sample of 3 students out of 10 students we can use random sampling either by using random number table or lottery method. No. of possible sample is 120.

Question. Why does non sampling errors occur?
Answer : Non Sampling errors can occur in any type of survey whether it be a census or sample survey such as measurement errors, non response errors.

Statistics for Economics Chapter 02 Collection of Data
CBSE Class 11 Economics VBQs Collection of Data
Statistics for Economics Chapter 03 Organisation of Data
CBSE Class 11 Economics VBQs Organisation of Data
Statistics for Economics Chapter 04 Presentation of Data
CBSE Class 11 Economics VBQs Presentation Of Data
Statistics for Economics Chapter 05 Measures of Central Tendency
CBSE Class 11 Economics VBQs Measures of Central Tendency
Statistics for Economics Chapter 06 Correlation
CBSE Class 11 Economics VBQs Correlation
Statistics for Economics Chapter 07 Index Numbers
CBSE Class 11 Economics VBQs Index Numbers
~ Class 11 Economic (Old Chapters)
CBSE Class 11 Economics VBQs Measures of Dispersion

VBQs for Statistics for Economics Chapter 2 Collection of Data Class 11 Economics

Students can now access the Value-Based Questions (VBQs) for Statistics for Economics Chapter 2 Collection of Data as per the latest CBSE syllabus. These questions have been designed to help Class 11 students understand the moral and practical lessons of the chapter. You should practicing these solved answers to improve improve your analytical skills and get more marks in your Economics school exams.

Expert-Approved Statistics for Economics Chapter 2 Collection of Data Value-Based Questions & Answers

Our teachers have followed the NCERT book for Class 11 Economics to create these important solved questions. After solving the exercises given above, you should also refer to our NCERT solutions for Class 11 Economics and read the answers prepared by our teachers.

Improve your Economics Scores

Daily practice of these Class 11 Economics value-based problems will make your concepts better and to help you further we have provided more study materials for Statistics for Economics Chapter 2 Collection of Data on studiestoday.com. By learning these ethical and value driven topics you will easily get better marks and also also understand the real-life application of Economics.

Where can I find 2025-26 CBSE Value Based Questions (VBQs) for Class 11 Economics Chapter Statistics for Economics Chapter 2 Collection of Data?

The latest collection of Value Based Questions for Class 11 Economics Chapter Statistics for Economics Chapter 2 Collection of Data is available for free on StudiesToday.com. These questions are as per 2026 academic session to help students develop analytical and ethical reasoning skills.

Are answers provided for Class 11 Economics Chapter Statistics for Economics Chapter 2 Collection of Data VBQs?

Yes, all our Economics VBQs for Chapter Statistics for Economics Chapter 2 Collection of Data come with detailed model answers which help students to integrate factual knowledge with value-based insights to get high marks.

What is the importance of solving VBQs for Class 11 Chapter Statistics for Economics Chapter 2 Collection of Data Economics?

VBQs are important as they test student's ability to relate Economics concepts to real-life situations. For Chapter Statistics for Economics Chapter 2 Collection of Data these questions are as per the latest competency-based education goals.

How many marks are usually allocated to VBQs in the CBSE Economics paper?

In the current CBSE pattern for Class 11 Economics, Statistics for Economics Chapter 2 Collection of Data Value Based or Case-Based questions typically carry 3 to 5 marks.

Can I download Economics Chapter Statistics for Economics Chapter 2 Collection of Data VBQs in PDF for free?

Yes, you can download Class 11 Economics Chapter Statistics for Economics Chapter 2 Collection of Data VBQs in a mobile-friendly PDF format for free.