MCQ Questions for Class 11 Economics Chapter 6 Non-competitive Markets with Answers Question 1. Which of the following is not the feature of an imperfect competition? (a) Large number of buyers (b) Single seller (c) Homogeneous products (d) Price maker Answer Answer: (c) Homogeneous products Explanation: A homogeneous product is Read more…
MCQ Questions for Class 11 Economics Chapter 5 Market Equilibrium with Answers Question 1. Which is a characteristic of the market ? (a) One Area (b) Presence of both Buyers and Sellers (c) Single Price of the Commodity (d) All the above Answer Answer: (d) All the above Question 2. Read more…
MCQ Questions for Class 11 Economics Chapter 4 The Theory of the Firm under Perfect Competition with Answers Question 1. The concept of supply curve is relevant only for? (a) Monopoly (b) Monopolistic competition (c) Perfect competition (d) Oligopoly Answer Answer: (c) Perfect competition Question 2. Which of the following Read more…
MCQ Questions for Class 11 Economics Chapter 3 Production and Costs with Answers Question 1. In production function, production is a function of: (a) Price (b) Factors of Production (c) Total Expenditure (d) None of these Answer Answer: (b) Factors of Production Question 2. The basic reason of operating the Read more…
MCQ Questions for Class 11 Economics Chapter 2 Theory of Consumer Behaviour with Answers Question 1. Who gave the cardinal concept of utility? (a) Marshall (b) Pigou (c) Hicks (d) Samuelson Answer Answer: (a) Marshall Question 2. Consumer’s behaviour is studied in: (a) Micro Economics (b) Macro Economics (c) Income Read more…
MCQ Questions for Class 11 Economics Chapter 1 Introduction to Micro Economics with Answers Question 1. Which Economist divided Economics in two branches of micro and macro on the basis of economic activity? (a) Marshall (b) Ricardo (c) Ragnar Frish (d) None of these Answer Answer: (d) None of these Read more…
MCQ Questions for Class 11 Economics Unit 3 Statistical Tools and Interpretation with Answers Question 1. The most common measurement of central tendency is: (a) Median (b) Multiple (c) Mean (d) Weighted mean. Answer Answer: (c) Mean Question 2. Division of one column in ten equal parts is called: (a) Read more…
MCQ Questions for Class 11 Economics Unit 2 Collection, Organisation and Presentation of Data with Answers Question 1. When is ‘India’s coalition done: (a) Every first year of every decade (b) Every first year of century (c) Every year (d) Every five year. Answer Answer: (a) Every first year of Read more…
MCQ Questions for Class 11 Economics Unit 1 Statistics for Economics Introduction with Answers Question 1. Arthashashtra originated in: (a) 17th century (b) 18th century (c) 19th century (d) None of the above. Answer Answer: (b) 18th century Question 2. “Economics is the study of economic welfare” who said this: Read more…
MCQ Questions for Class 11 Economics with Answers With the help of our provided Class 11 Economics MCQ, you can answer any type of questions in the final exams and competitive exams. You can learn different ways of questions for each chapter from this MCQ of Economics Class 11 with Answers Read more…