# CBSE Class 11 Economics VBQs Collection of Data

CBSE Class 11 Economics VBQs Collection of Data read and download in pdf. Value Based Questions come in exams for Economics in Class 11 and are easy to learn and helpful in scoring good marks. You can refer to more chapter wise VBQs for Class 11 Economics and also get latest topic wise very useful study material as per latest NCERT book for Class 11 Economics and all other subjects for free on Studiestoday designed as per latest Class 11 CBSE, NCERT and KVS syllabus and examination pattern

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

Class 11 Economics students should refer to the following value based questions with answers for Statistics for Economics Chapter 2 Collection of Data in Class 11. These VBQ questions with answers for Class 11 Economics will come in exams and help you to score good marks

### Statistics for Economics Chapter 2 Collection of Data VBQ Questions Class 11 Economics 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(iii) Unpublished research papers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.

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