Economics Quizzes, Questions & Answers
Recent Quizzes
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: 3478 | Last updated: Nov 14, 2023
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Sample QuestionWhich of the following is not true of the Regional Rural Banks (RRBs)?
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: 3845 | Last updated: Oct 17, 2023
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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:
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: 4720 | Last updated: Sep 27, 2023
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Sample QuestionAmong the following, which is not a cause for the recent rapid increase in global food prices?
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: 6256 | Last updated: May 24, 2023
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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.
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: 9426 | Last updated: Mar 21, 2023
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Sample QuestionWhich was the 1st bank managed by Indians?
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: 14058 | Last updated: Mar 22, 2023
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Sample QuestionWhy is direct taxation considered a better form of taxation?
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: 31496 | Last updated: Mar 22, 2023
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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
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...
Questions: 70 | Attempts: 1150 | Last updated: Mar 22, 2023
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Sample QuestionWhat is Economics?
Questions: 10 | Attempts: 306 | Last updated: Mar 22, 2023
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Sample QuestionA primary reason why nations conduct international trade is because:
Questions: 12 | Attempts: 71 | Last updated: Aug 16, 2023
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Sample QuestionAfter creating a good budget the typical couple discovers an average of ________ more new found money.
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