Economics Quizzes & Trivia
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 | Last updated: May 2, 2019
Sample QuestionWhat is Scarcity?
If you are an economic student and in the previous classes, you got to understand the basics of economic and social development and identified some of the factors that affect these two types of developments. The quiz below is...
Questions: 10 | Attempts: 1004 | Last updated: Jun 4, 2019
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 | Last updated: May 2, 2019
Sample Question_____________ is a something we need to survive.
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: 882 | Last updated: Jun 4, 2019
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:
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: 859 | Last updated: Jun 4, 2019
Sample QuestionThe functions of RBI are?1. Lender of the last resort. 2. Issue of bank notes of all denominations. Choose the correct code:
Are you a beginner when it comes to economics? Have you just covered chapters one to five in ECO 401 class? If your answer was a yes, then the quiz below is designed to test out just how much information you have when it comes to...
Questions: 8 | Attempts: 831 | Last updated: Jun 4, 2019
Sample QuestionWhich is not correct for product Market
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...
Questions: 20 | Attempts: 823 | Last updated: Jun 4, 2019
Sample QuestionA person that combines land, labor, and capital to start a business
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 | Last updated: Jan 3, 2019
Sample QuestionWhich of the following would be a topic emphasized in a microeconomics class?
To attain economic stability, there is much that you need to put in place. Have you understood different ways in which you can use to do just that? The quiz below is designed to help you revisit what you know about the social and...
Questions: 10 | Attempts: 806 | Last updated: Jun 4, 2019
Sample QuestionASEAN accounts for approximately what fraction of India's Foreign Trade? State the approximate figure.
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: 799 | Last updated: Jun 4, 2019
Sample QuestionWhich of the following is not true of the Regional Rural Banks (RRBs)?
Questions: 20 | Attempts: 798 | Last updated: Apr 4, 2019
Sample QuestionAll store category VBA can participate in MPL contest?
Social and economic developments are one of the things that all economic students need to have a proper understanding of when it comes to the economy. The quiz below is designed to test your knowledge about the topic, why...
Questions: 10 | Attempts: 787 | Last updated: Jun 4, 2019
Sample QuestionRelating to the NMSA (National Mission on Sustainable Agriculture) consider the following statements:1. It will present carbon credit to organic fanners2. It seeks to convert Indian agriculture into a climate-resilient production systemChoose the correct statement:
The quiz below is based on chapter 14 from economics on Taxes and government spending. We know that the major way in which a government obtains revenue from its citizens is through taxation and this being said there are a set of...
Questions: 40 | Attempts: 723 | Last updated: Aug 7, 2019
Sample Question(of persons) freed from or not subject to an obligation or liability (as e.g. taxes) to which others or other things are subject
The term “Pharmacoeconomics” refers to the scientific discipline whereby we’re able to compare the value of one pharmaceutical drug or drug therapy to that of another, commonly used as a means of evaluating the...
Questions: 14 | Attempts: 680 | Last updated: May 2, 2019
Sample QuestionA term used to refer to the commonly charged or prevailing fees for health services that the patient pays.
Are you about to sit for your first-semester examination for your Economics final? The quiz below is made upon fifty questions and is considered one of the hardest trivia quizzes there is on economics. Give it a try and know that...
Questions: 50 | Attempts: 623 | Last updated: Jun 4, 2019
Sample QuestionWhich is not a "factor of production"?
Some people may have attained a degree in economics and think that they know a lot when it comes to economics. Are you one of those people that brag about their knowledge in economics? Take up what has come to be known as the...
Questions: 86 | Attempts: 611 | Last updated: Jun 4, 2019
Sample QuestionWhich of the following is a measure of economic growth that is most useful for measuring political preeminence?
Everybody loves money, right? Whether you’re a business owner, a producer of various goods, someone who works a full-time retail job, or you happen to own land that you rent out for a profit, you already partake in the...
Questions: 5 | Attempts: 573 | Last updated: May 2, 2019
Sample QuestionWhat is the term used when your savings bank passbook has got a closing debit balance?
An economic student has the power to help one utilize their resources in order to meet their unlimited wants. There are some different terms that an economics student can be expected to understand. This is an interactive quiz...
Questions: 12 | Attempts: 514 | Last updated: Jun 4, 2019
Sample QuestionScarcity exists
If you’re studying the topic of economics, then you know just how complex the social science of analyzing the production, distribution, and consumption of goods and services can be. That being said, there’s a...
Questions: 18 | Attempts: 464 | Last updated: May 2, 2019
Sample QuestionWhich of the following is a characteristic of economies of scale?
There are different ways in which a country or organization can attain economic stability and therefore attain growth where it is located and compared to others. Do you think that you have a good understanding of the techniques...
Questions: 10 | Attempts: 392 | Last updated: Jun 4, 2019
Sample QuestionYou have one hour to write your Paper 1. Which of the following is the most appropriate time distribution between the different questions?
The end of year finals is just around the corner, and it is quite important for you to ensure that you have a proper understanding on all the things that we have covered both in geography and history class. Do you think that you...
Questions: 10 | Attempts: 388 | Last updated: Jun 4, 2019
Sample QuestionA person who uses tools like maps, direction, latitude and longitude is called a _________.
The study of economics is a rather important one in modern society, as it looks at how effective our ability to produce, distribute and persuade people to become consumers is, which is pivotal for a number of reasons whether...
Questions: 11 | Attempts: 383 | Last updated: May 2, 2019
Sample QuestionMoney paid to an employee
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 you...
Questions: 11 | Attempts: 336 | Last updated: Jun 4, 2019
Sample Question1. Which of the following decisions must be made by all economies?
It doesn’t matter what topic you’re dealing with, whether it’s something you have a great interest in or something you find boring but thinks will come in handy, everybody starts in the same place when they take...
Questions: 8 | Attempts: 309 | Last updated: May 2, 2019
Sample QuestionScarcity implies that the allocation scheme chosen by society can:
Different countries have a different organization when it comes to governments, policies which affect their economic state both present and past. How knowledgeable are you when it comes to identifying the economics of different...
Questions: 16 | Attempts: 304 | Last updated: Jun 4, 2019
Sample QuestionEconomics can best be defined as which of the following?