Home > Economics 101 > Quizzes > General Economics Test Questions
General Economics Test Questions
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 7% • Most missed: “The Planning Commission in India was set up in:”
General Economics Test Questions
Time left 00:00
25 Questions

1. The proportion between total income and total saving is called:
2. "The subject matter of economics is concerned with"
3. In Economics, 1930s is popularly known as the period of:
4. In the Classical system, the role of the government is:
5. If a small change in price leads to infinitely large change in quantity demanded, then the demand is:
6. Primary sector includes:
7. According to Keynes, unemployment is due to:
8. Rate of interest will increase when the demand for saving is:
9. A simplified representation of a real situation is called:
10. Self interest, competition, profit motive are the features of:
11. Exports minus imports is termed as:
12. An important issue of macro economics is the determination of:
13. Devaluation of currency may result in:
14. Which is the component of capital account of balance of payment:
15. Which of the following is true?
16. Trade as an engine of growth was propounded by :
17. When average product is at a maximum, marginal product is:
18. Which of the following doest not include in the group?
19. High Yielding Varieties Programme was launched in:
20. The law of Diminishing returns is applicable to:
21. The name of indirect tax is:
22. Marginal product of a factor is
23. The major objective of a firm is
24. National Income means:
25. Who wrote the article Laws of Returns Under Competitive Conditions?

⚡ Recently practiced quizzes in this topic
Live quiz activity
Economics 101 Practice Test: Tradeoff between Inflation and Unemployment Economics Knowledge Test Questions Microeconomics Final Exam Basics of Economics Practice Test Economics 101 Practice Test: Open-Economy Macroeconomics Economics 101 Practice Test: Saving, Investment, and the Financial System Economics 101 Practice Test: Measuring a Nation's Income Economics 101 Practice Test: Basics of Macroeconomic Policy Economics 101 Practice Test: Theory of the Open Economy Economics 101 Practice Test: The Market Forces of Supply and Demand
 
❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

🌈  Our mission is to help improve your scores in any subject and exam withonline quizzes, practice tests, study guides, & advice for students. Since 2018.
About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | OSHA Basics Quiz | What Should We Know?
Privacy | Terms |
Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.