Introduction to Economics - Online Test
Q1. Statistics when define in plural sense refers to _______ and when used in a singular sense means
Answer : Option B
Explaination / Solution:
No Explaination.
Q2. It deals with the collection, presentation, analysis and interpretation of quantitative information. This statement defines
Answer : Option A
Explaination / Solution:
No Explaination.
Q3. A person who buys goods and services for the satisfaction of human wants
Answer : Option C
Explaination / Solution:
No Explaination.
Q4. Service holder is
Answer : Option A
Explaination / Solution:
No Explaination.
Q5. Economics is divided into three parts
Answer : Option D
Explaination / Solution:
No Explaination.
Q6. Which of the following is not the character of statistics in plural form
Answer : Option A
Explaination / Solution:
No Explaination.
Q7.
Arrange stages in a statistical investigation
(a) Collection of data
( (b) Analysis of data
( (c) Presentation of data
( (d) Organization of data
( (e) Interpretation of data.
(Options are
(a) Collection of data
( (b) Analysis of data
( (c) Presentation of data
( (d) Organization of data
( (e) Interpretation of data.
(Options are
Answer : Option D
Explaination / Solution:
No Explaination.
Q8. Identify non-economic activity
Answer : Option B
Explaination / Solution:
No Explaination.
Q9. It is a process which is concerned with sale and purchase of commodities
Answer : Option D
Explaination / Solution:
No Explaination.
Q10. Economics that deals with economic problems as a whole are called
Answer : Option C
Explaination / Solution:
No Explaination.
