Tag: economics

Questions Related to economics

Fill in the blanks from the alternatives given in the brackets.
Random sampling is sampling by _________.

  1. chance

  2. choice

  3. purpose

  4. quota


Correct Option: A

Fill in the blanks from the alternatives given in the brackets.
1. Primary data is _______ data.

  1. first hand

  2. second hand

  3. processes

  4. primary


Correct Option: A

Lottery method is an example of _______ sampling.

  1. deliberate

  2. random

  3. census

  4. None of these


Correct Option: B

State whether the following statement is true or false.
Questionnaire method has no limitations.

  1. True

  2. False


Correct Option: B

State whether the following statement is true or false.
Primary data is original in nature.

  1. True

  2. False


Correct Option: A

State whether the following statement is true or false.
Census survey is more accurate than the sample survey.

  1. True

  2. False


Correct Option: A

State whether the following statement is true or false.
Census method is very reliable.

  1. True

  2. False


Correct Option: A

State whether the following statement is true or false.
World Bank report is a foreign publication.

  1. True

  2. False


Correct Option: A

The extreme values of the classes are called _________.

  1. class-mark

  2. tally mark

  3. class-limit

  4. class-frequency


Correct Option: C