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Mathematical methods for economics - class-XI

Description: mathematical methods for economics
Number of Questions: 39
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Tags: economics mathematical methods for economics
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A worksheet is a table like document containing rows and columns with data and formula. 

  1. True

  2. False


Correct Option: A

A spread sheet is a large sheet of paper which contains __________ and ________.

  1. columns

  2. rows

  3. both A&B

  4. none of the above


Correct Option: C

The intersection of rows and columns in is termed as __________.

  1. equilibrium

  2. cell

  3. centre point

  4. tool


Correct Option: B

Full form of ICT is _______________________.

  1. Important Communication Technology

  2. Information and Communication Technology

  3. Information and Corporate Technology

  4. Infrastructure and Communication Technology


Correct Option: B

The steps to Open word is :
Click start All program
 MS word
      OR 
Double click the MS word icon 
from the desktop.

  1. True

  2. False


Correct Option: A

______________ is a word processor, which helps to create, edit, print and save documents for future retrieval and reference.

  1. MS excel

  2. MS word

  3. MS powerpoint

  4. MS office


Correct Option: B

You can start MS Excel in Windows OS using following process:
Click Start  $\rightarrow$ Program $\rightarrow$ Microsoft Excel.

  1. True

  2. False


Correct Option: A

The features of MS Word are ____________________.

  1. Document can be created, copied, edited and formatted.

  2. Spell check can be availed.

  3. Multiple documents files can be merged.

  4. all of the above


Correct Option: D

How to open a word Document?

  1. none of the options

  2. All program MS word Click start

  3. Click start All program MS word or Double click the MS word icon from the desktop.

  4. Click start MS word or Double click the MS word icon from the desktop.


Correct Option: C

A ____________ is a table like document containing rows and columns with data and formula. 

  1. word document

  2. paper

  3. worksheet

  4. none of the above


Correct Option: C

It is a software used to perform computer based presentation.

  1. Microsoft Power point

  2. MS Word

  3. MS Excel

  4. Windows


Correct Option: A

MS Excel helps to do data analysis and data presentation in the form of graphs, diagrams, area chart, line chart etc.

  1. True

  2. False


Correct Option: A

Full form of PPT _____________________.

  1. Presentation Power point

  2. Powerpoint Presentation

  3. Pre-point Presentation

  4. Power Presentation Technology


Correct Option: B
Explanation:

PPT is a file extension for a presentation file format used by Microsoft PowerPoint, the popular presentation software commonly used for office and educational slide shows. All text images, sound and video used in the presentation are contained in the PPT file.

The smart class room teaching uses the PPT to deliver the information in an effective way to enhance the quality of teaching.

  1. True

  2. False


Correct Option: A

_______________ is used in data analysis by using formula.

  1. MS Word

  2. MS Excel

  3. Powerpoint

  4. Documents


Correct Option: B

_________ is the largest number which when divides $100$ and $83$ leaves a remainder of $4$ and $3$ in each case.

  1. $14$

  2. $12$

  3. $16$

  4. $20$


Correct Option: C

$Qd = f (Px)$ is __________________.

  1. demand function

  2. supply function

  3. price function

  4. cost function


Correct Option: A

Which ratio explains that how much portion of earning is distributed in the form of dividend?

  1. Equity-Debt Ratio

  2. Pay-out Ratio

  3. Earning Yield Ratio

  4. Dividend-Debt Ratio


Correct Option: B

Matrix is a singular while matrices is a plural form.

  1. True

  2. False


Correct Option: A

Mathematical Economics is the integration of _________________.

  1. Graphs and Economics

  2. Mathematics and Economics

  3. Economics and Equations

  4. Economics and Statistics


Correct Option: B
Explanation:

Mathematical economics is the application of mathematical methods to represent theories and analyze problems in economics. By convention, these applied methods are beyond simple geometry, such as differential and integral calculus, difference and differential equations, matrix algebra, mathematical programming, and other computational methods.

While evaluating CA CPT papers an examiner has escaped the marks of one of the student while calculating the result summary of his class. However he knew that the average marks of the class was $72\%$ and the marks of the remaining students were $56, 85, 78, 70, 75, 48, 65, 85$ and $75$. The marks of the student were __________.

  1. $83$

  2. $82$

  3. $79$

  4. $81$


Correct Option: A

What is the class mark of the class interval $(50-60)$?

  1. $50$

  2. $55$

  3. $60$

  4. $62.5$


Correct Option: B

A statement of relationship between two quantities is called a/an ____________.

  1. formula

  2. relationship

  3. equation

  4. sum


Correct Option: C

Find the value of K if $\sqrt{9^4}X\sqrt{3^5}=3k$.

  1. $2/13$

  2. $13/2$

  3. $1/13$

  4. $4/5$


Correct Option: B

From the following details calculate Fisher Ideal index

  1. 88

  2. 90

  3. 92

  4. 93


Correct Option: B

Find the co-efficient of mean deviation from Median from the following data.Median deviation =4.2,Median =21

  1. 0.3

  2. 0.20

  3. 0.25

  4. 0.22


Correct Option: B

If x(x-2) = 5 then (x - 5/x) is =

  1. -1

  2. 0

  3. 1

  4. 2


Correct Option: B

$Log4^{64}$is equal to

  1. 2

  2. 3

  3. 4

  4. 5


Correct Option: B

Rank of 4th deciles is equal to __________

  1. (n+1)/10

  2. 4(n+1)/10

  3. n/10

  4. (n+1)/4


Correct Option: B

If $3X^2+6X+3=0,$ then the roots of the equations are

  1. $(3,3)$

  2. $(-1,1)$

  3. $(2,4)$

  4. $(4,1)$


Correct Option: B

How many percentiles are there in a distribution

  1. 99

  2. 10

  3. 100

  4. 101


Correct Option: C

Under Free Trade regime there is ____________.

  1. increase in domestic prices

  2. fall in economic welfare

  3. equalization of factor prices

  4. loss of domestic industries


Correct Option: C

The age of son and father is in the ratio of 3:7, if the age of the father is 42, the age of the son will be___

  1. 21 years

  2. 24 years

  3. 18 years

  4. 20 years


Correct Option: C

If Median is 11, Mean is 10, what is Mode

  1. 13

  2. 12

  3. 11

  4. 10


Correct Option: A

The number of ways the letter SCHOLAR can be arranged so that LR never come together are .

  1. 5,040

  2. 3,600

  3. 4,404

  4. 3,910


Correct Option: B

The median value for the series $3,5,5,2,6,2,9,5,8,6$ is  

  1. 5.5

  2. 5

  3. 6.1

  4. 6.2


Correct Option: B

If the regression coefficient of $x$ on $y$ is $0.64$ and that of $y$ on $x$ is $1$. Find the value of correlation coefficient between $x$ and $y$. 

  1. -0.5

  2. 0.57

  3. 0.8

  4. none


Correct Option: C

 A speaks truth 6 out of 10 and B speaks truth 8 out of 10 times. What is the probability of both telling lie

  1. .44

  2. .55

  3. .48

  4. .08


Correct Option: D

A has three children in his family, the probability of all the children being a girl child is _____

  1. $\dfrac{1}{2}$

  2. $\dfrac{1}{3}$

  3. $\dfrac{1}{8}$

  4. $\dfrac{3}{8}$


Correct Option: C
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