NCERT Class 11 Economics MCQ Chapter 9 Introduction Solutions to each chapter is provided in the list so that you can easily browse through different chapters NCERT Class 11 Economics MCQ Chapter 9 Introduction Question Answer and select need one. NCERT Class 11 Economics MCQ Chapter 9 Introduction Solutions Download PDF. NCERT Class 11 Introductory Microeconomics Multiple Choice Solutions.
NCERT Class 11 Economics MCQ Chapter 9 Introduction
Also, you can read the NCERT book online in these sections Solutions by Expert Teachers as per Central Board of Secondary Education (CBSE) Book guidelines. NCERT Class 11 Economics Objective Type Solutions are part of All Subject Solutions. Here we have given CBSE Class 11 Economics Multiple Choice Question and Answer, HS First Year Economics MCQ Solutions for All Chapters, You can practice these here.
Introduction
Chapter: 9
PART – (B) INTRODUCTORY MICROECONOMICS
MCQ
1. ___________ of resources is necessary for the development of the economy.
(a) Utilisation.
(b) Growth.
(c) Wastage.
(d) Non Utilisation.
Ans: (b) Growth.
2. Resources of every economy are _____________.
(a) Sufficient.
(b) Limited.
(c) Unlimited.
(d) Unutilized.
Ans: (b) Limited.
3. ____________ economy has to face the basic economic problems.
(a) Market.
(b) Centrally Planned.
(c) Mixed.
(d) Every.
Ans: (d) Every.
4. The activities which are linked with use of goods and services for the satisfaction of wants directly are known as:
(a) Production.
(b) Consumption.
(c) Distribution.
(d) Exchange.
Ans: (b) Consumption.
5. Economic problems arise due to:
(a) Unlimited human wants.
(b) Alternative uses of resources.
(c) Scarce resources.
(d) All of the above.
Ans: (d) All of the above.
6. Which of the following is the subject-matter study of microeconomics?
(a) Money supply.
(b) Aggregate demand.
(c) Market demand for goods.
(d) National Income.
Ans: (c) Market demand for goods.
7. Which of the following subject-matter does not study in macroeconomics?
(a) Employment level.
(b) Aggregate supply.
(c) National income.
(d) Determination of market price.
Ans: (d) Determination of market price.
8. Positive economic analysis deals with things as:
(a) ‘they ought to be’.
(b) ‘they are’.
(c) Both (a) and (b).
(d) None of the above.
Ans: (b) ‘they are’.
9. Normative economic analysis deals with the things as:
(a) ‘they ought to be’.
(b) ‘they are’.
(c) Both (a) and (b).
(d) None of these.
Ans: (a) ‘they ought to be’.
10. Macroeconomics deals with:
(a) Theory of distribution.
(b) Theory of income and employment.
(c) Theory of economic growth.
(d) All of the above.
Ans: (d) All of the above.
11. The central problems of an economy can be:
(a) What to produce and in what quantities.
(b) How to produce.
(c) For whom to produce.
(d) All of the above.
Ans: (d) All of the above.
12. Theory of distribution studies the problem of:
(a) What to produce and in what quantities.
(b) How to produce.
(c) For whom to produce.
(d) All of the above.
Ans: (c) For whom to produce.
13. Theory of production studies the problem of:
(a) What to produce and in what quantities.
(b) How to produce.
(c) For whom to produce.
(d) All of the above.
Ans: (b) How to produce.
14. Price theory studies the problem of:
(a) What to produce and in what quantities.
(b) How to produce.
(c) For whom to produce.
(d) All of the above.
Ans: (a) What to produce and in what quantities.
15. Production possibility curve (PPC) is defined as a different combination of goods and services that can be produced by whom when the resources are fully employed?
(a) Firm.
(b) Industry.
(c) Economy.
(d) All of the above.
Ans: (c) Economy.
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