Chapter testEconomicsFree testTest 3 of 6

Bihar Board Class 11 Commerce Economics · Ch 1: Introduction

Bihar Board Class 11 Commerce Economics · Ch 1: Introduction is an online chapter test in the Bihar Board Class 11 Commerce pattern, covering Introduction. Attempt it on SeatBeat with a timer like the real exam, then see a detailed solution for every question and your score and weak-topic analysis.

30
Questions
20
Minutes
30
Marks
None
Negative marking

Topics in this test

TopicQuestions
Introduction30

Difficulty: 3 easy · 8 medium · 19 hard

Sample questions with answers

The first 5 questions of this free test.

  1. Q1. Which of the following is a correct characteristic of statistics (in the plural sense) as stated in the chapter?

    • A. They are never collected for a predetermined purpose
    • B. A single isolated figure by itself is treated as statistics
    • C. They are expressed only in qualitative terms
    • D. They are aggregates of facts and are affected by a multitude of causes
    Solution

    Statistics are aggregates of facts affected by many causes and are numerically expressed; a single isolated figure is not statistics.

  2. Q2. A shopkeeper notes that last year his daily sale was 20 units and this year it is 25 units. By presenting both figures together to study the change, he is mainly using statistics for its function of:

    • A. Forecasting
    • B. Comparison
    • C. Policy formulation
    • D. Condensation
    Solution

    Placing two sets of figures side by side to study change is the function of comparison in statistics.

  3. Q3. Identify the 'odd one out' from the following, as they relate to economic activities:

    • A. Distribution
    • B. Production
    • C. Consumption
    • D. Scarcity
    Solution

    Consumption, production and distribution are the three economic activities; scarcity is a condition, not an activity.

  4. Q4. Assertion (A): Human wants are unlimited but the means to satisfy them are limited. Reason (R): Because of this gap, a consumer has to make a choice while spending. Choose the correct option.

    • A. A is false but R is true
    • B. Both A and R are true but R is not the correct explanation of A
    • C. Both A and R are true and R is the correct explanation of A
    • D. A is true but R is false
    Solution

    Limited resources against unlimited wants create scarcity, which forces people to choose — so both statements are true and R explains A.

  5. Q5. Match the activity in List-I with the correct economic activity in List-II: List-I: (A) A farmer growing wheat (B) A family eating food (C) Wheat reaching from mandi to shops List-II: (1) Consumption (2) Distribution (3) Production

    • A. A-2, B-1, C-3
    • B. A-3, B-1, C-2
    • C. A-3, B-2, C-1
    • D. A-1, B-3, C-2
    Solution

    Growing goods is production, using goods is consumption, and moving goods from producer to consumer is distribution.

Frequently asked questions

How many questions are in the Bihar Board Class 11 Commerce Economics · Ch 1: Introduction?

30 questions for 30 marks, to be answered in 20 minutes.

Is there negative marking in the Bihar Board Class 11 Commerce Economics · Ch 1: Introduction?

No — wrong answers are not penalised in this test.

Which topics does the Bihar Board Class 11 Commerce Economics · Ch 1: Introduction cover?

Introduction (30 questions).

Is the Bihar Board Class 11 Commerce Economics · Ch 1: Introduction free?

Yes — this test is free. Create a free SeatBeat account and attempt it online; you get the solutions and your score analysis after submitting.

More tests in the BSEB Class 11 Commerce Test Series 2027 — Chapter-wise + Full Tests

See the full BSEB Class 11 Commerce Test Series 2027 — Chapter-wise + Full Tests → · Bihar Board Class 11 Commerce: pattern, notification & syllabus →

Bihar Board Class 11 Commerce Economics · Ch 1: Introduction — Free Online Mock Test | SeatBeat