
Economics Data Collection and Presentation Quiz
Authored by Sutapa Ghosh
Other
10th Grade
Used 2+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the meaning of data in economics?
Information on various things around us
Qualitative information providing facts in an aggregate manner
Quantitative information providing facts in an aggregate manner
Information about income, population, prices, etc.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the methods of collecting primary data?
Direct personal investigation, indirect investigation, through correspondent, by mailed questionnaire, through schedules
Direct personal investigation, indirect investigation, through correspondent, by mailed questionnaire, through interviews
Direct personal investigation, indirect investigation, through surveys, by mailed questionnaire, through schedules
Direct personal investigation, indirect investigation, through correspondent, by mailed questionnaire, through observations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the difference between primary and secondary data?
Secondary data is more accurate than primary data
Primary data is used for economic planning, while secondary data is used for government policies
Primary data is collected for the first time, while secondary data is already collected by others
Primary data is collected through surveys, while secondary data is collected through questionnaires
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the meaning of variable in economics?
Data that cannot be classified in the magnitude of time or size
Data that is capable of being classified in the magnitude of time or size
Data that is affected by multiplicity of causes
Data that is numerically expressed
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of data in economic planning?
To frame policies for economic development
To forecast the growth of per capita income
To determine national income
To prepare future plans based on data from previous years
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the sources of secondary data?
Published reports of newspapers, financial data reported in annual reports, internal reports of government departments, research reports prepared by students
Published reports of newspapers, financial data reported in annual reports, information from official publications, records maintained by institutions
Published reports of newspapers, financial data reported in annual reports, records maintained by institutions, research reports prepared by students
Published reports of newspapers, financial data reported in annual reports, information from official publications, research reports prepared by students
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the process of arranging data into classes or groups according to their resemblances and affinities called?
Presentation of data
Diagrammatic presentation
Classification
Tabulation
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