Economics Quizzes & Trivia
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Enhance your knowledge about a topic or learn something completely new by answering ultimate economics quiz questions.
Each and every economics quiz that we have is made up of well-researched and interesting quiz questions. With detailed instant feedback for quiz answers, you can easily learn something new about economics with every question you attempt.
Questions: 9 | Attempts: 5651
Sample QuestionThe phenomenon of scarcity stems from the fact that
Questions: 19 | Attempts: 5603
Sample QuestionFor most people, the largest protion of their personal income comes from:
Questions: 10 | Attempts: 3750
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
Questions: 27 | Attempts: 3524
Sample QuestionWhat is the financial gain made in transactions?
Questions: 10 | Attempts: 2600
Sample QuestionWhy is direct taxation considered a better form of taxation?
What needs to be reported to RIBO of the following?A. Increase in the broker s yearly salary.B. A broker s change of address.C. A broker s errors and omissions insurance policy has...
Questions: 10 | Attempts: 2594
Sample QuestionWho made the use of energy requirements (calorie) as a measure of poverty in India the first time?
Questions: 25 | Attempts: 2437
Sample QuestionWhat does the term capital mean?
Questions: 10 | Attempts: 2346
Sample QuestionNational Income is otherwise called
Questions: 72 | Attempts: 2102
Sample QuestionWhat is Economics?
Questions: 10 | Attempts: 2096
Sample QuestionEconomics is an exact science.
Questions: 24 | Attempts: 2053
Sample QuestionWhat are things we do NOT need to survive?
Questions: 10 | Attempts: 1926
Sample QuestionWhich was the 1st bank managed by Indians?
Questions: 20 | Attempts: 1854
Sample QuestionWhat proteins are found in milk?
Questions: 7 | Attempts: 1749
Sample QuestionIf the CPI in 2000 is 100 and the CPI in 2008 is 110, there has been:
Questions: 10 | Attempts: 1657
Sample QuestionWho compute the National Income in India?
Questions: 6 | Attempts: 1646
Sample QuestionEach society determines who will consume what is produced based on
Questions: 10 | Attempts: 1622
Sample QuestionWhich country has successfully commenced financial discipline through Fiscal Responsibility Act?
Questions: 10 | Attempts: 1616
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.
Questions: 16 | Attempts: 1504
Sample QuestionWhat approach to economic study focuses on observation and prediction?
Questions: 8 | Attempts: 1423
Sample QuestionWhat does TINSTAAFL stand for?
Questions: 9 | Attempts: 1422
Sample QuestionThe value of the best alternative forgone when an activity is chosen can best be defined as
Questions: 8 | Attempts: 1304
Sample QuestionA production possibilities curve shows the relationship between the production of
Questions: 10 | Attempts: 1294
Sample QuestionWhat does the philosophy behind economic planning recognizes?
Questions: 21 | Attempts: 1233
Sample QuestionTrade between nations is known as......
Questions: 10 | Attempts: 1200
Sample QuestionAmong the following, which is not a cause for the recent rapid increase in global food prices?