Introduction Class 12 MCQs Questions with Answers

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

2. Who gave analytical definition of economics?

3. Statistics is:

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

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

6. Activities which are performed to earn wealth are called 

7. From which language statistics has been derived?

8. What is statistics in singular?

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

10. He is known as father of statistics:

11. Collection is an example of ……………………….

12. Who is propagator of modern economics?

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

14. Name of the book by Kautilya:

15. Arthashashtra originated in:

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

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

18. Statistical data is ______ data.

19. Who gave Development related definition of economics?

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