Introduction Class 12 MCQs Questions with Answers

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

2. Statistics is:

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

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

5. What is statistics in singular?

6. Arthashashtra originated in:

7. Activities which are performed to earn wealth are called 

8. Collection is an example of ……………………….

9. Who gave analytical definition of economics?

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

11. Who is propagator of modern economics?

12. Statistical data is ______ data.

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

14. He is known as father of statistics:

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

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

17. Who gave Development related definition of economics?

18. From which language statistics has been derived?

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

20. Name of the book by Kautilya: