11th HY practical exam

Data collected from 'The Times of India ' is an example of ?

• Primary data

• Secondary data

• None of these

• Census

Data collected on religion from the census reports are ?

• Sample data

• Secondary data

• Primary data

• Either (a) or (b)

Which of the following is the method of collecting primary data ?

• Indirect Oral Investigation

• Telephonic Interviews

• Information from correspondents

• All of these

Which economic problem involves selection of category of people who will ultimately consume the goods?

• How to produce

• For whom to produce

• What to produce

• None of these.

Which of the following illustrates a decrease in the unemployment using the PPC ?

• A movement down along the PPC

• A rightward shift of the PPC

• A movement from a point on the PPC to a point inside the PPC

• A movement from a point inside the PPC to point towards the PPC.

Which of the following is related to Microeconomics ?

• inflation in the economy

• Unemployment problem

• National income

• Income from postal department

In case of cardinal utility approach, utility is measured in:

• Rupees

• Ranks

• Utils

• None of these

Which of the following is an examples of complementary goods?

• Tea and coffee

• Coke and pepsi

• Rice and Wheat

• None of these

Increase in price of substitute good leads to :

• Expansion in Demand

• Increase in Demand

• Decrease in Demand

• Contraction in Demand

The cost which is never zero even when production is stopped is known as:

• Supplementary Cost

• Prime Cost

• Explicit Cost

• Implicit Cost