Home › Quizzes › Nature and Scope of Statistics for Economics - Class XII

Nature and Scope of Statistics for Economics - Class XII

Introduction to statistics including definitions, types, characteristics, functions, and limitations of statistics as applied to economics

5 Questions Published
Play Quiz Practise this topic out loud

Questions

Question 1 Multiple Choice (Single Answer)

A pattern of low income and low economic growth which tend to perpetuate itself is known as ________.

  1. sterilization
  2. vicious circle of under-development
  3. transmission mechanism
  4. stabilization
Question 2 Multiple Choice (Single Answer)

Statistics is useful to State Authorities as it helps them in formulating ______________.

  1. fiscal policies
  2. personal policies
  3. training policies
  4. All of the above
Question 3 Multiple Choice (Single Answer)

In India, in which of the following, Foreign Direct Investment (FDI) is not allowed?

  1. Construction and Maintenance of Roads
  2. Atomic Energy
  3. Airport
  4. Hotels and Tourism
Question 4 Multiple Choice (Single Answer)

Which of the following pairs is not correctly matched?

  1. WTO - Generally forbids the use of quantitative restrictions on trade
  2. IMF - Provides finance to correct disequilibrium in balance of payments
  3. RBI - Promotes trade among countries
  4. IBRD - Gives long term loans for development
Question 5 Multiple Choice (Single Answer)

An economy is underdeveloped if __________.

  1. the standard of living is poor
  2. the population is growing at a high rate
  3. the main occupation of a majority of the population is agriculture
  4. all of the above
← Back to Quizzes