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Economics Data Collection and Presentation Quiz

Authored by Sutapa Ghosh

Other

10th Grade

Used 2+ times

Economics Data Collection and Presentation Quiz
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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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