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Question Bank Solutions for CBSE (Arts) Class 11 - CBSE - Economics

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Name some modern industries which were in operation in our country at the time of independence.

[2.01] Development Experience (1947-90) and Economic Reforms since 1991
Chapter: [2.01] Development Experience (1947-90) and Economic Reforms since 1991
Concept: Introduction to Indian Economy on the Eve of Independence

Mark the following statement as true or false.

Statistics can only deal with quantitative data.

[0.011000000000000001] Introduction
Chapter: [0.011000000000000001] Introduction
Concept: What is Economics?

Mark the following statement as true or false.

Statistics solve economic problems.

[0.011000000000000001] Introduction
Chapter: [0.011000000000000001] Introduction
Concept: What is Economics?

Mark the following statement as true or false.

Statistics is of no use to Economics without data.

[0.011000000000000001] Introduction
Chapter: [0.011000000000000001] Introduction
Concept: What is Economics?

Make a list of activities in a bus stand or a market place. How many of them are economic activities?

[0.011000000000000001] Introduction
Chapter: [0.011000000000000001] Introduction
Concept: What is Economics?

Frame at least four appropriate multiple-choice options for following question:

Which of the following is the most important when you buy a new dress?

[0.012] Collection, Organisation and Presentation of Data
Chapter: [0.012] Collection, Organisation and Presentation of Data
Concept: Collection of Data

Frame at least four appropriate multiple-choice options for following question:

How often do you use computers?

[0.012] Collection, Organisation and Presentation of Data
Chapter: [0.012] Collection, Organisation and Presentation of Data
Concept: Collection of Data

Frame at least four appropriate multiple-choice options for the following question:

Which of the following newspapers do you read regularly?

[0.012] Collection, Organisation and Presentation of Data
Chapter: [0.012] Collection, Organisation and Presentation of Data
Concept: Collection of Data

Frame at least four appropriate multiple-choice options for the following question:

Rise in the price of petrol is justified.

[0.012] Collection, Organisation and Presentation of Data
Chapter: [0.012] Collection, Organisation and Presentation of Data
Concept: Collection of Data

Frame at least four appropriate multiple-choice options for the following question:

What is the monthly income of your family?

[0.012] Collection, Organisation and Presentation of Data
Chapter: [0.012] Collection, Organisation and Presentation of Data
Concept: Collection of Data

Frame five two-way questions (with ‘Yes’ or ‘No’).

[0.012] Collection, Organisation and Presentation of Data
Chapter: [0.012] Collection, Organisation and Presentation of Data
Concept: Collection of Data

Which average would be suitable in the following case?

Average production in a factory per shift.

[0.013000000000000001] Statistical Tools and Interpretation
Chapter: [0.013000000000000001] Statistical Tools and Interpretation
Concept: Measures of Central Tendency - Mean

Which average would be suitable in the following case?

The average wage in an industrial concern.

[0.013000000000000001] Statistical Tools and Interpretation
Chapter: [0.013000000000000001] Statistical Tools and Interpretation
Concept: Measures of Central Tendency - Mean

Which average would be suitable in the following case?

When the sum of absolute deviations from average is least.

[0.013000000000000001] Statistical Tools and Interpretation
Chapter: [0.013000000000000001] Statistical Tools and Interpretation
Concept: Measures of Central Tendency - Mean

Indicate the most appropriate alternative from the multiple choices provided against the question.

Which average is affected most by the presence of extreme items?

[0.013000000000000001] Statistical Tools and Interpretation
Chapter: [0.013000000000000001] Statistical Tools and Interpretation
Concept: Measures of Central Tendency - Mean

Indicate the most appropriate alternative from the multiple choices provided against the question.

The algebraic sum of deviation of a set of n values from A.M. is

[0.013000000000000001] Statistical Tools and Interpretation
Chapter: [0.013000000000000001] Statistical Tools and Interpretation
Concept: Measures of Central Tendency - Mean

Comment whether the following statement is true or false.

The arithmetic mean is a positional value.

[0.013000000000000001] Statistical Tools and Interpretation
Chapter: [0.013000000000000001] Statistical Tools and Interpretation
Concept: Measures of Central Tendency - Mean

If the arithmetic mean of the data given below is 28, find (a) the missing frequency, and (b) the median of the series:

Profit per retail shop (in Rs)

0 – 10

10 – 20

20 – 30

30 – 40

40 – 50

50 – 60

Number of retail shops

12

18

27

17

6

[0.013000000000000001] Statistical Tools and Interpretation
Chapter: [0.013000000000000001] Statistical Tools and Interpretation
Concept: Measures of Central Tendency - Mean

Following information pertains to the daily income of 150 families. Calculate the arithmetic mean.

Income (in Rs)

Number of families

More than 75

150

More than 85

140

More than 95

115

More than 105

95

More than 115

70

More than 125

60

More than 135

40

More than 145

25

[0.013000000000000001] Statistical Tools and Interpretation
Chapter: [0.013000000000000001] Statistical Tools and Interpretation
Concept: Measures of Central Tendency - Mean

The following table gives the daily income of ten workers in a factory. Find the arithmetic mean.

Workers

A

B

C

D

E

F

G

H

I

J

Daily Income (in Rs)

120

150

180

200

250

300

220

350

370

260

[0.013000000000000001] Statistical Tools and Interpretation
Chapter: [0.013000000000000001] Statistical Tools and Interpretation
Concept: Measures of Central Tendency - Mean
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Question Bank Solutions for CBSE (Arts) Class 11 CBSE Economics. You can further filter Question Bank Solutions by subjects and topics. Solutions for most of the questions for CBSE can be found here on Shaalaa.com. You can use these solutions to prepare for your studies and ace in exams. Solving questions is a great way to practice and with Shaalaa.com, you can answer a question and then also check your answer with the solutions provided.
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