Economics Quizzes Online & Trivia
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For most people, the largest protion of their personal income comes from:
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When a person rents an apartment, who benefits from the transaction?
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When deciding which of two items to purchase, you should always:
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The phenomenon of scarcity stems from the fact that
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The opportunity cost of going to college is
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The opportunity cost of an item is
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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
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What is the purpose of central & state warehousing corporations?
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As per Census 2011, which Indian state has made significant progress in total literacy. Additionally, this state has the widest gap between male & female literacy. Identify it from the given options.
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Who made the use of energy requirements (calorie) as a measure of poverty in India the first time?
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What is the fastest increasing component of the Central Government expenditure?
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What does 'Brown Agenda' refers to?
Questions: 10 | Attempts: 2589
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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 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: 2437
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Sample QuestionWhat does the term capital mean?
Questions: 10 | Attempts: 2400
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Sample QuestionWhy is direct taxation considered a better form of taxation?
The economy is the base on what a country's growth in various aspects of the life of population depends. Do you know enough about economics? Take this quiz and find out.
Questions: 72 | Attempts: 2102
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Sample QuestionWhat is Economics?
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: 2096
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Sample QuestionEconomics is an exact science.
Economics, at its base level, is all about consumerism. If there’s something you can produce and distribute in order to be bought and sold, it contributes towards the economy of the area in which it is taken place, at the...
Questions: 24 | Attempts: 2053
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Sample QuestionWhat are things we do NOT need to survive?
Questions: 10 | Attempts: 1870
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Sample QuestionWhich was the 1st bank managed by Indians?
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: 1854
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Sample QuestionWhat proteins are found in milk?
Like it or not, you have at some point in your life been involved in the world of economics; the field of social science that looks at the production, distribution, and consumption of goods and services. Every interaction...
Questions: 7 | Attempts: 1749
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Sample QuestionIf the CPI in 2000 is 100 and the CPI in 2008 is 110, there has been:
Questions: 10 | Attempts: 1652
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Sample QuestionWho compute the National Income in India?
Welcome to chapter two of our ongoing analysis on the social science of economics, the study which looks at how economic agents behave and interact with one another, and how economies work in general. There are some key questions...
Questions: 6 | Attempts: 1646
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Sample QuestionEach society determines who will consume what is produced based on
Questions: 10 | Attempts: 1618
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Sample QuestionWhich country has successfully commenced financial discipline through Fiscal Responsibility Act?
Questions: 10 | Attempts: 1569
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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.
Questions: 16 | Attempts: 1502
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Sample QuestionWhat approach to economic study focuses on observation and prediction?
You might have absolutely no idea what the social science of economics even covers, never mind how it is studied, analyzed and put into practice. That’s completely fine, however, as your presence here shows us that you have...
Questions: 8 | Attempts: 1423
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Sample QuestionWhat does TINSTAAFL stand for?
Select the correct choice to each of the following questions
Questions: 9 | Attempts: 1420
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Sample QuestionThe value of the best alternative forgone when an activity is chosen can best be defined as
Questions: 10 | Attempts: 1291
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Sample QuestionWhat does the philosophy behind economic planning recognizes?
Economics
Questions: 21 | Attempts: 1233
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Sample QuestionTrade between nations is known as......
Questions: 10 | Attempts: 1181
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Sample QuestionAmong the following, which is not a cause for the recent rapid increase in global food prices?
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 human wants. Economics give us an idea of how to...
Questions: 27 | Attempts: 1165
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Sample QuestionWhat is the financial gain made in transactions?
Economics is a tricky but important subject that everybody would benefit from learning a little bit about, regardless of where you are in the world and what your profession is. It analyses the production, distribution, and...
Questions: 10 | Attempts: 1106
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Sample QuestionWhat is Scarcity?
Questions: 10 | Attempts: 999
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Sample QuestionChoose the correct statement:1. India's food policy seeks to avert famines by maintaining a buffer stock2. It encourages surplus production for the export marketCode:
In the following quiz we’re going to take a look at the social science we know as economics, the study by which we are able to look at the production, distribution, and consumption of goods and services on a small...
Questions: 10 | Attempts: 999
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Sample Question_____________ is a something we need to survive.
Questions: 10 | Attempts: 872
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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:
Questions: 10 | Attempts: 856
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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:
ECO 401 Economics - 1 (chapter1-5)
Questions: 8 | Attempts: 817
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Sample QuestionWhich is not correct for product Market
In the world of business today one has to have adequate knowledge of economics and how it affects businesses and their activities. There are some factors within the economy to watch out for if you have a business such as interest...
Questions: 10 | Attempts: 809
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Sample QuestionWhich of the following would be a topic emphasized in a microeconomics class?
Questions: 10 | Attempts: 800
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Sample QuestionASEAN accounts for approximately what fraction of India's Foreign Trade? State the approximate figure.
Questions: 20 | Attempts: 798
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Sample QuestionAll store category VBA can participate in MPL contest?
Questions: 10 | Attempts: 794
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Sample QuestionWhich of the following is not true of the Regional Rural Banks (RRBs)?
