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Introduction

Question

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Define economic problem.

Solution

It is the problem of choice arising on account of the fact that resources are scarce and they have alternative uses.

Some More Questions From Introduction Chapter

What is saving ?

Define investment.

Who are the agents of production ?

Define economic problem.

Define Statistics as a plural noun.

Define statistics as a singular noun.

Would it be called statistics if it is said that there are 2000 students in our school ?

Name the stages of statistical study.

Define the concept of universe as used in statistics.

Define statistics.

Mock Test Series

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation