Which market structure features a single seller with no close substitutes?
Economics MCQs
Test your knowledge with our comprehensive collection of Economics questions.
22
Total Questions
88
Topics Available
🔄 Updated daily | 📱 Mobile-friendly | 🎯 Exam-focused
🧠 Interactive Daily Quiz
New questions added automatically. Select an answer for immediate feedback and explanations.
Which economist introduced the concept of the ‘invisible hand’?
In economics, which system is fundamentally characterized by the private ownership of the means of production and consumer decisions driven by the interaction of supply and demand?
Stagflation challenges the Phillips Curve trade-off. What is its usual primary cause?
What is the primary tool used by central banks to control inflation?
In economics, what is the term for the value of the next best alternative that was not taken when a decision was made?
What is the primary function of a Central Bank?
What are the two primary tools of fiscal policy?
What does GDP primarily measure?
Which fundamental concept in economics describes the limited nature of society’s resources in the face of unlimited wants?
✅ Why Practice with Our MCQs?
- Always Current: Questions generated from today's top news headlines
- Exam-Focused: Perfect for competitive exams' current affairs sections
- Build Confidence: Regular practice helps identify weak areas
- Quick & Convenient: Practice anytime, anywhere on any device
- Instant Feedback: Get immediate results with detailed explanations
❓ Frequently Asked Questions
How often are the MCQs updated?
Our quiz is updated multiple times daily with new questions from current events.
Where are these questions sourced from?
Questions are curated from reputable news outlets, focusing on factual information relevant for competitive exams.
Can I practice on mobile devices?
Absolutely! Our platform is fully responsive and works seamlessly on all devices.