Economics Quizzes & Trivia
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Questions: 52 | Attempts: 10846 | Last updated: Dec 18, 2020
Questions: 10 | Attempts: 15346 | Last updated: Jun 15, 2020
Questions: 27 | Attempts: 12161 | Last updated: Mar 22, 2021
Questions: 20 | Attempts: 4254 | Last updated: Dec 16, 2020
Questions: 10 | Attempts: 8759 | Last updated: Jul 10, 2019
Questions: 52 | Attempts: 10846 | Last updated: Dec 18, 2020
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Sample QuestionRIBO regulations stipulate that a broker must provide a policy or certificate of insurance to an insured within a certain period of time. What is the length of that period?
Different factors affect the economic status of a country or individual, and one of the most common is the political environment and inflation as a whole. Over the past few weeks, we have covered much about economic and social...
Questions: 10 | Attempts: 15346 | Last updated: Jun 15, 2020
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Sample Question"Inflation increases the average level of prices". What does this statement refers to? 1. The price of commodities exceeds income 2. In real terms, the Money supply grows at a higher rate than the Gross Domestic ProductSelect the correct answer
Test Your Economics Knowledge With This Quiz! Human wants are unlimited, but the resources used to meet them are scarce. This, therefore, means that organizations and governments need to know how to use these resources and meet...
Questions: 27 | Attempts: 12161 | Last updated: Mar 22, 2021
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Sample QuestionWhat is the financial gain made in transactions?
The Leaving Certificate examinations are an incredibly important part of an Irish student’s life, as they will determine what your academic scope is with regards to how likely you are to get the college course of your...
Questions: 20 | Attempts: 4254 | Last updated: Dec 16, 2020
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Sample QuestionWhat proteins are found in milk?
GDP, levels of employment, life expectancy and literacy are indicators that measure socio-economic development. This test is taken up by Countries so that they see how well they are doing as compared to the standards they put for...
Questions: 10 | Attempts: 8759 | Last updated: Jul 10, 2019
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Sample QuestionWhy is direct taxation considered a better form of taxation?
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What is your economic IQ? The economy is based on what a country's growth in various aspects of the life of the population depends on. Do you know enough about economics? Well, if you think you have a strong IQ in this field,...
Questions: 72 | Attempts: 10792 | Last updated: Nov 24, 2020
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Sample QuestionWhat is Economics?
Economics is the study of how societies, governments, businesses, households, and individuals allocate their scarce resources. One of how we get to ensure that the company we set up ensures we understand the factors affecting the...
Questions: 9 | Attempts: 9954 | Last updated: Mar 12, 2021
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Sample QuestionThe phenomenon of scarcity stems from the fact that...
This test is based on the ACEE's survey that produced the most common misconceptions concerning economics. By the end of the course, students will understand all the concepts touched on here. Read the following questions...
Questions: 19 | Attempts: 9571 | Last updated: Jan 4, 2021
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Sample QuestionFor most people, the largest protion of their personal income comes from:
Are you looking for some revision material for the social and economic development topics? If you said yes then the quiz below is exactly what the doctor prescribed, take it up and get to have an extensive revision on the subject...
Questions: 10 | Attempts: 6558 | Last updated: Jun 4, 2019
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Sample QuestionWhich was the 1st bank managed by Indians?
There are a lot of factors that affect the economic state of a country or entity, and some of the main things that one covers to understand these factors are economical and social development. The quiz below is made up of some...
Questions: 10 | Attempts: 4099 | Last updated: Jun 4, 2019
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Sample QuestionThis year is known as 'Year of the Great Divide.' This is with regard to population growth in India. Identify it from the given options.
The study of economics covers the topic of finance and the many ways in which it can be distributed, with the production, transport, and consumption of goods and services being the main culprit. It’s an incredibly...
Questions: 25 | Attempts: 3572 | Last updated: Dec 16, 2020
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Sample QuestionWhat does the term capital mean?
Questions: 10 | Attempts: 3237 | Last updated: Jul 1, 2021
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Sample QuestionNational Income is otherwise called
Economic and social developments are some of the things that most countries hope that all their citizens get to enjoy. As discussed by our economics class economic development process involves improving the standards of living...
Questions: 10 | Attempts: 3211 | Last updated: Jun 4, 2019
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Sample QuestionWho made the use of energy requirements (calorie) as a measure of poverty in India the first time?
The study of economics is an important one, which looks at how we produce, distribute and consume goods and services for a variety of reasons. A lot of the world we live in relies on trade, whether it’s from country to...
Questions: 10 | Attempts: 3120 | Last updated: Jan 27, 2021
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Sample QuestionEconomics is an exact science.
It’s time to get down to basics as we take a look at one of the more complex topics when it comes to business and finance; economics! It sounds easy on paper – it’s just the study of production, distribution,...
Questions: 7 | Attempts: 3091 | Last updated: Jan 8, 2021
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Sample QuestionIf the CPI in 2000 is 100 and the CPI in 2008 is 110, there has been:
Every economic student knows the importance of having a well-structured development program and the different ways in which they can make it successful. Over the past week, we have been able to cover much on social and economic...
Questions: 10 | Attempts: 2992 | Last updated: Jun 4, 2019
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Sample QuestionAmong the following, which is not a cause for the recent rapid increase in global food prices?
There are different things that we get to study when we take up economics as a discipline. Each of the studies has a primary focus that distinguishes it from the others. Do you think that you have what it takes to identify which...
Questions: 16 | Attempts: 2538 | Last updated: Jun 28, 2021
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Sample QuestionWhat approach to economic study focuses on observation and prediction?
Economic development is all about growth in the amount of input of a sector, whereas social development involves how people come together to ensure that the event takes place. Below are some economic and social development trivia...
Questions: 10 | Attempts: 2482 | Last updated: Jun 4, 2019
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Sample QuestionWhich country has successfully commenced financial discipline through Fiscal Responsibility Act?
Economic and social development form a huge part in molding a given country in a way that it can attain its goals that it has set upon development over time. People are at the core of growth so they must work kindly with others....
Questions: 10 | Attempts: 2443 | Last updated: Jun 4, 2019
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Sample QuestionWhich of the following is not true of the Regional Rural Banks (RRBs)?
How much do you know about health economics? A proper healthcare system ensures that the scarce resources in the system are efficiently used. A proper understanding of health economics can be helpful in many ways as one is able...
Questions: 40 | Attempts: 2422 | Last updated: Sep 7, 2020
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Sample Question"Worker salaries" are an example of:
Are you an economics student and think that you have a lot of information when it comes to economic and social development? Then all you need to do is to take up the quiz below and get to see just how much you know about the...
Questions: 10 | Attempts: 2391 | Last updated: Jun 4, 2019
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Sample QuestionThe functions of RBI are?1. Lender of the last resort. 2. Issue of bank notes of all denominations. Choose the correct code:
Money runs a lot of things in the economy, and the introduction of money laundering and other unlawful schemes puts a countries economy at risk of losing track of their social and economic development. Do you think that you have...
Questions: 10 | Attempts: 2385 | Last updated: Jun 4, 2019
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Sample QuestionIn economy, the Black Money is looked upon as a threat to the economic system of India. Among the following what are the attributes of Black Money?1. Wealth may have been engendered through lawful means but income thereon has not been affirmed nor the taxes due paid to the government. 2. It can be termed as the money generated through unlawful means such as crime, drug trade, terrorism & corruption. Select the correct answer:
Economics, at its base level, is all about consumerism. If there’s something you can produce and distribute to be bought and sold, it contributes towards the economy of the area in which it is taken place, at the highest...
Questions: 24 | Attempts: 2265 | Last updated: Apr 29, 2020
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Sample QuestionWhat are things we do NOT need to survive?
In the world today, there are a lot of things that affect the world we live in, and they can go from our interactions with others and our standards of living and making the best out of it. Do you believe that you have a proper...
Questions: 10 | Attempts: 2201 | Last updated: Jun 4, 2019
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Sample QuestionWho compute the National Income in India?
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Questions: 10 | Attempts: 2021 | Last updated: Dec 24, 2020
Some people want to seek a career in economics but do know much, especially when it comes to the basics of this study. This is an online interactive quiz in Economics meant to test your knowledge in Economics as well as give...
Question: | Attempts: 897 | Last updated: Jul 13, 2021
Question: | Attempts: 3237 | Last updated: Jul 1, 2021
There are different things that we get to study when we take up economics as a discipline. Each of the studies has a primary focus that distinguishes it from the others. Do you think that you have what it takes to identify which...
Question: | Attempts: 2538 | Last updated: Jun 28, 2021
An economy is an area of the production, distribution and trade, as well as consumption of goods and services by different agents. In general, it is defined 'as a social domain that emphasize the practices, discourses, and...
Question: | Attempts: 255 | Last updated: May 26, 2021
How well do you know economics vocabulary? Could you pass this quiz? The following are exemplars of the terminology used in economics. In economics, scarcity refers to the state of not having enough of something. Goods are...
Question: | Attempts: 422 | Last updated: May 25, 2021
Economics is key to the consumer. The average consumer can use the basic principles of economics to obtain compensation from the limited resources that are available. Economics helps to incite development and minimize poverty...
Question: | Attempts: 38 | Last updated: May 25, 2021
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Is economics your favorite subject? Do you believe you have learned enough? Would you be willing to take this quiz? Economics can be used in many areas, from college sports to budgeting your income. In this quiz, you will be...
Question: | Attempts: 385 | Last updated: May 25, 2021
Economics affects everyone’s lives. Learning about economics can help you understand the news and make better financial decisions. With this quiz, you must master complex word economics problems, what a consumer is, how...
Question: | Attempts: 131 | Last updated: May 25, 2021
Do you sometimes have difficulty with money matters? Taking this Economics quiz could help. For this quiz, you will have to determine a need or want, what service is, what is a scarce resource, what is labor, any human-made...
Question: | Attempts: 490 | Last updated: May 25, 2021
There are a lot of terms that are used regularly when it comes to economics and students are expected to know them by heart and use them when they go to practice in the different sectors, they will land in. Do you think you can...
Question: | Attempts: 1333 | Last updated: May 25, 2021
How much knowledge of economics do you have? Do you believe you can pass this quiz? With this quiz, you will be responsible for learning what the three factors of production are, what does the production possibility curve show...
Question: | Attempts: 35 | Last updated: May 25, 2021
Do you have an economics exam to pass? This quiz will give you a positive outcome. In economics, GDP stands for Gross Domestic Product, which is the best measure of a country’s economic performance. It represents the...
Question: | Attempts: 86 | Last updated: May 25, 2021
Curions to learn interesting concepts about Economics? Did you know you can benefit from taking this practice test on economics? This quiz may help you—economics studies show people, businesses, and governments make...
Question: | Attempts: 94 | Last updated: May 25, 2021
Exams are the most cricual part of our learning phase, expecially when it is for subject like Economics. Some would agree that economics is challenging at best. If you don’t think so, this quiz can change your mind. For...
Question: | Attempts: 635 | Last updated: May 25, 2021
Economics is a social science that evaluates how people allocate their money, including daily living and planning for their financial future. You will have to be sure about who the national economics council's director is,...
Question: | Attempts: 46 | Last updated: May 25, 2021
Think you are an expert in Economics? Can you ace this economics exam? This quiz is an excellent tool to prove your knowledge and use for practice. Economics is the study or practice of how people interact with value. The...
Question: | Attempts: 59 | Last updated: May 25, 2021
Preparing for an economics exam? This quiz can be helpful to you. With this quiz, you must know what scarcity is, what is a want compared to a need, what is specialization, how does economic growth flourish, what exactly is...
Question: | Attempts: 1909 | Last updated: May 25, 2021
Looking for a comprehensive set of economics questions and answers? Here is the best quiz for you. This quiz pertains to which factor of production affects the other three, what is a factory machine, what is necessary being...
Question: | Attempts: 57 | Last updated: May 25, 2021
Do you have basic knowledge of economics, and do you think you can pass this quiz? When it comes to economics, everyone should know that there are two kinds of economics: macroeconomics and microeconomics. A significant factor...
Question: | Attempts: 68 | Last updated: May 25, 2021
Play our online quiz on the basics of economics and test your knowledge about the most important concepts include the three types of wealth, what is described as a factor of production, the establishment of goods and services...
Question: | Attempts: 247 | Last updated: May 25, 2021
Are you ready to test the basics with this quiz on economics? Do you think you would be able to pass? With this quiz, you must learn the tangible and intangible factors of production, which kind of economy has no government...
Question: | Attempts: 76 | Last updated: May 25, 2021
Do you think you can pass the economics exam? This quiz can assist you with your studies. Corresponding to the examination, you can get an idea of what questions will be on the exam. You should figure out how money is created...
Question: | Attempts: 47 | Last updated: May 25, 2021
Are you eager to take the economics exam? This quiz can initiate excitement for economics. With this quiz, you should appreciate the following topics: how the growth economy is measured, define recession, what has been the...
Question: | Attempts: 68 | Last updated: May 25, 2021
In economics, vocabulary can be anything from tariff to literacy rate. An example of economics vocabulary includes resources. A resource is something of value to us that we can use to produce a good or service. Another example...
Question: | Attempts: 38 | Last updated: May 25, 2021
Are you ready for the economics exam? This quiz may be of assistance. In this quiz, you will have to grasp the concepts, including the goal of the antitrust laws, what is an example of a national monopoly, what type of market...
Question: | Attempts: 171 | Last updated: May 19, 2021