CBSE Class 11 Humanities Economics · Ch 1: Introduction

Topics in this test

Difficulty: 3 easy · 9 medium · 18 hard

Sample questions with answers

The first 5 questions of this free test.

1. Q1. Which of the following is NOT a function of statistics as described in the chapter?

   • A. It proves facts with absolute and complete certainty
   • B. It helps in forecasting and formulating policies
   • C. It presents facts in a definite and simple form
   • D. It facilitates comparison between sets of data
   Solution

   Statistics presents facts simply, helps comparison and forecasting, but its results hold only on an average, so it cannot prove anything with absolute certainty.

2. Q2. Three of the following characteristics can be directly studied by statistics, while one cannot be expressed numerically. Identify the 'odd one out':

   • A. Honesty of a person
   • B. Monthly income of workers
   • C. Height of students in a class
   • D. Number of cars produced in a year
   Solution

   Statistics studies only quantitative facts that can be measured in numbers; honesty is a qualitative characteristic and cannot be expressed as numerical data.

3. Q3. Assertion (A): Statistics does not study the individual unit by itself. Reason (R): Statistics deals with aggregates of facts rather than with a single isolated figure. Choose the correct option:

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

   Both statements are true, and the fact that statistics deals with aggregates is exactly why it does not study a single individual unit on its own.

4. Q4. Match the economic activity in List-I with its correct meaning in List-II. List-I: (A) Production (B) Consumption (C) Distribution. List-II: (1) Sharing of national income among the factors of production (2) Creating goods and services to satisfy wants (3) Using goods and services to satisfy wants. Choose the correct matching:

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

   Production creates goods and services, consumption uses them, and distribution shares the income earned among the factors of production.

5. Q5. A study concludes that 'the average income of a village household is ₹8,000 per month', even though some households actually earn far more and some far less. This best illustrates the idea that statistical results are:

   • A. Based on qualitative facts only
   • B. True only on an average and not for each individual unit
   • C. Exactly true for every single household
   • D. Always proved with complete certainty
   Solution

   Statistical results, like averages, are true only on an average for the group and need not hold exactly for every individual member.

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