Introduction Class 12 MCQs Questions with Answers

1. Who gave analytical definition of economics?

2. Collection is an example of ……………………….

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

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

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

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

7. Statistical data is ______ data.

8. What is statistics in singular?

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

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

11. Activities which are performed to earn wealth are called 

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

13. He is known as father of statistics:

14. Statistics is:

15. Who is propagator of modern economics?

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

17. Name of the book by Kautilya:

18. Who gave Development related definition of economics?

19. Arthashashtra originated in:

20. From which language statistics has been derived?