Business Statistics Basics Quiz
10 Questions
2 Views
3.5 Stars

Business Statistics Basics Quiz

Created by
@EnthusiasticEmpowerment6469

Questions and Answers

What is the origin of the word 'Statistics'?

Latin word 'Status'

In the plural sense, what does Statistics refer to?

Information in terms of numbers or numerical data

What qualifies as Statistics?

Average pocket allowance of the students of Class X

What was the initial use of Statistics?

<p>Collecting information of the people of the state about their income, health, illiteracy and wealth</p> Signup and view all the answers

What does Statistics have become in modern times?

<p>An important subject with useful application in various fields in day to day life</p> Signup and view all the answers

What does a financial system comprise?

<p>Financial institutions, financial markets, financial instruments, and financial services</p> Signup and view all the answers

What role does an efficient financial system play in the economic growth of a country?

<p>Mobilizing surplus funds and channelizing them into productive avenues</p> Signup and view all the answers

What is the primary function of a financial system?

<p>Formation of capital by transforming savings into investments</p> Signup and view all the answers

What does economic growth and development of a country depend upon?

<p>A well-knit financial system</p> Signup and view all the answers

What are the sub-systems of a financial system?

<p>Financial institutions, financial markets, financial instruments, and financial services</p> Signup and view all the answers

More Quizzes Like This

Introduction to Financial System
12 questions
Chapter 1: Market Finance Concepts
29 questions
Instituciones Financieras y Economía
5 questions

Instituciones Financieras y Economía

SelfSatisfactionNoseFlute avatar
SelfSatisfactionNoseFlute
Junie V1 Med
230 questions

Junie V1 Med

TalentedParody avatar
TalentedParody
Use Quizgecko on...
Browser
Browser