Introduction Class 12 MCQs Questions with Answers

1. Adam Smith is known as …………………………. of Economics.

2. Arthashashtra originated in:

3. What is statistics in singular?

4. The person who works for others for remuneration is called 

5. Activities which are performed to earn wealth are called 

6. According to Marshall, Economics is what type of science?

7. Statistics is an art as well as ………………………..

8. Who gave analytical definition of economics?

9. Collection is an example of ……………………….

10. Economics is the study of economic welfare” who said this:

11. Statistics is:

12. Name of the book by Kautilya:

13. When six economists gather they have …………………………. opinion.

14. Statistical data is ______ data.

15. Who gave Development related definition of economics?

16. There is difference between wants and …………………………..

17. Who wrote the book, “Discovery of Nation’s Wealth and Reasons”?

18. From which language statistics has been derived?

19. He is known as father of statistics:

20. Who is propagator of modern economics?