CBSE Class 11 Introduction to Micro Economics Multiple Choice Questions with Answers. MCQ Questions Class 11 Introduction to Micro Economics with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 Introduction to Micro Economics with Answers to know their preparation level.
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MCQ Questions Class 11 Introduction to Micro Economics with Answers - Set - 3
Question 1:
Consumer behaviour is studied in:
(a) Micro Economics
(b) Income Theory
(c) Mac o Economics
(d) None of these
Correct Answer – (A)
Question 2:
Which of the following is not a factor of production ?
(a) Land
(b) Labour
(c) Money
(d) Capital
Correct Answer – (C)
Question 3:
The word ‘micro’ was firstly used by:
(a) Marshall
(b) Boulding
(c) Keynes
(d) Ragnar Frish
Correct Answer – (D)
Question 4:
Who was the father of Economics ?
(a) I. B. Say
(b) Malthus
(c) Adam Smith
(d) Joan Robinson
Correct Answer – (C)
Question 5:
“Economics is a science of logic.’’ Who said it ?
(a) Hicks
(b) Keynes
(c) Robbins
(d) Marshall
Correct Answer – (C)
MCQ Questions Class 11 Introduction to Micro Economics With Answers
Question 6:
The central problem of an economy is:
(a) What to produce ?
(b) How to produce ?
(c) How to distribute produced goods ?
(d) All of these
Correct Answer – (D)
Question 7:
According to whom, Economics is a science of human welfare ?
(a) A Marshall
(b) Paul Samuelson
(c) J. S. Mill
(d) Adam Smith
Correct Answer – (A)
Question 8:
Who gave the definition of Economics related to welfare ?
(a) Adam Smith
(b) Marshall
(c) Robbins
(d) Samuelson
Correct Answer – (B)
Question 9:
Micro Economics includes:
(a) Individual unit
(b) Small units
(c) Individual price determination
(d) All of these
Correct Answer – (D)
Question 10:
Who said, “Economics is a science of wealth.”
(a) Marshall
(b) Robbins
(c) Adam Smith
(d) J.K. Mehta
