20:00

PDF|

Guide for Economics (English)

Quiz Economics (English)

Free Test
/ 10

Quiz

1/10
Balance of Payments
What does the current account in the balance of payments primarily measure?
Select the answer
1 correct answer
A.
Foreign direct investment
B.
Trade in goods and services
C.
Government spending
D.
Stock market performance

Quiz

2/10
Current Challenges facing Indian Economy
What is one of the major challenges currently affecting the agricultural sector?
Select the answer
1 correct answer
A.
Urbanization
B.
Decreasing crop yields
C.
Technological advancements
D.
Increased foreign investment

Quiz

3/10
Determination of Income and Employment
Which of the following best describes the concept of "Aggregate Demand" in determining income and employment?
Select the answer
1 correct answer
A.
Total spending on goods and services at various price levels
B.
The sum of all individual incomes in an economy
C.
The amount of goods produced by firms in a given period
D.
The total value of exports minus imports

Quiz

4/10
Development Experience (1947-90) and Economic Reforms since 1991
What was the primary aim of the economic policies implemented between 1947 and 1990?
Select the answer
1 correct answer
A.
To promote globalization
B.
To achieve self-sufficiency
C.
To encourage foreign investments
D.
To decrease government intervention

Quiz

5/10
Development Experience of India – A Comparison with Neighbours
Which of the following countries has shown a similar development trajectory to that of its neighboring nations in South Asia?
Select the answer
1 correct answer
A.
Bhutan
B.
Bangladesh
C.
Sri Lanka
D.
Nepal

Quiz

6/10
Government Budget and the Economy
What is the primary purpose of a government budget in an economy?
Select the answer
1 correct answer
A.
To increase taxes
B.
To allocate resources and fund public services
C.
To reduce unemployment only
D.
To control inflation only

Quiz

7/10
Money and Banking
What is the primary function of a central bank in an economy?
Select the answer
1 correct answer
A.
To provide loans to individuals
B.
To regulate the money supply and maintain financial stability
C.
To invest in stock markets
D.
To manage government payrolls

Quiz

8/10
National Income and Related Aggregates
What is the primary measure used to assess a country's economic performance in terms of national income?
Select the answer
1 correct answer
A.
Gross Domestic Product (GDP)
B.
Net National Product (NNP)
C.
Gross National Product (GNP)
D.
Personal Income

Quiz

9/10
Balance of Payments
Which of the following components is included in the capital account of the balance of payments?
Select the answer
1 correct answer
A.
Exports of goods
B.
Remittances
C.
Foreign investments
D.
Trade deficits

Quiz

10/10
Current Challenges facing Indian Economy
Which issue significantly contributes to inflation in the economy?
Select the answer
1 correct answer
A.
High unemployment rates
B.
Rising global oil prices
C.
Increased literacy rates
D.
Improved infrastructure
Looking for more questions?Buy now

Economics (English) Practice test unlocks all online simulator questions

Thank you for choosing the free version of the Economics (English) practice test! Further deepen your knowledge on NCERT Simulator; by unlocking the full version of our Economics (English) Simulator you will be able to take tests with over 400 constantly updated questions and easily pass your exam. 98% of people pass the exam in the first attempt after preparing with our 400 questions.

BUY NOW

What to expect from our Economics (English) practice tests and how to prepare for any exam?

The Economics (English) Simulator Practice Tests are part of the NCERT Database and are the best way to prepare for any Economics (English) exam. The Economics (English) practice tests consist of 400 questions divided by 8 topics and are written by experts to help you and prepare you to pass the exam on the first attempt. The Economics (English) database includes questions from previous and other exams, which means you will be able to practice simulating past and future questions. Preparation with Economics (English) Simulator will also give you an idea of the time it will take to complete each section of the Economics (English) practice test . It is important to note that the Economics (English) Simulator does not replace the classic Economics (English) study guides; however, the Simulator provides valuable insights into what to expect and how much work needs to be done to prepare for the Economics (English) exam.

BUY NOW

Economics (English) Practice test therefore represents an excellent tool to prepare for the actual exam together with our NCERT practice test . Our Economics (English) Simulator will help you assess your level of preparation and understand your strengths and weaknesses. Below you can read all the quizzes you will find in our Economics (English) Simulator and how our unique Economics (English) Database made up of real questions:

Info quiz:

  • Quiz name:Economics (English)
  • Total number of questions:400
  • Number of questions for the test:100
  • Pass score:70%
  • Number of topics:8 Topics
Study topics:Number of questions:
  • Balance of Payments:50 Questions
  • Current Challenges facing Indian Economy:50 Questions
  • Determination of Income and Employment:50 Questions
  • Development Experience (1947-90) and Economic Reforms since 1991:50 Questions
  • Development Experience of India – A Comparison with Neighbours:50 Questions
  • Government Budget and the Economy:50 Questions
  • Money and Banking:50 Questions
  • National Income and Related Aggregates:50 Questions

You can prepare for the Economics (English) exams with our mobile app. It is very easy to use and even works offline in case of network failure, with all the functions you need to study and practice with our Economics (English) Simulator.

Use our Mobile App, available for both Android and iOS devices, with our Economics (English) Simulator . You can use it anywhere and always remember that our mobile app is free and available on all stores.

Our Mobile App contains all Economics (English) practice tests which consist of 400 questions that are divided by 8 topics and also provide study material to pass the final Economics (English) exam with guaranteed success. Our Economics (English) database contain hundreds of questions and NCERT Tests related to Economics (English) Exam. This way you can practice anywhere you want, even offline without the internet.

BUY NOW