THE ECONOMICS TEST! (try it)

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15 Questions - Developed by: Pooja Sanyal - Developed on: - 9.722 taken - User Rating: 3.14 of 5.0 - 37 Votes

This quiz is for real economics lovers and ones who have a sort of passion for this subject! Well, I'll try not to make it boring but at the same time, FRUITFUL!

  • 1
    So starting off! All the best!
    There are 4 definitions of economics, right? Who gave the scarcity-oriented definition?
  • 2
    What is the full form of GDCF?
  • 3
    What is a 'sick unit' in economics?
  • 4
    What has been the rate of population increase in India during 1999-2000?
  • 5
    What is the main cause of increasing death rate in India?
  • 6
    Especially in the case of Indian agriculture, a much large number of farmers and agricultural labourers are engaged in production but they are not really needed. Hence, their contribution to the agricultural output remains nil. What is such a situation called?
  • 7
    What is the difference between growth and development of a country?
  • 8
    What are OPEC countries?
  • 9
    What is regional dualism?
  • 10
    When there is excess supply and less demand, what does the government do?
  • 11
    Which one of these is not a private sector corporation?
  • 12
    Which is presently the principal export item of India?
  • 13
    Which is not an import item of India?
  • 14
    Why do we say that 'the intensity of human wants differ'?
  • 15
    Which of these is known as one of the economic entities?

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