10 Questions
What is economics?
Economics is a social science that studies the production, distribution, and consumption of goods and services.
What does microeconomics analyze?
Microeconomics analyzes individual agents and markets, their interactions, and the outcomes of interactions.
What does macroeconomics analyze?
Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it.
What are the broad distinctions within economics?
The broad distinctions within economics include positive economics (describing 'what is') and normative economics (advocating 'what ought to be'), economic theory and applied economics, and rational and behavioral economics.
Who are the individual agents analyzed in microeconomics?
Individual agents may include households, firms, buyers, and sellers.
What is Hindi commonly referred to as?
Hindi
In which script is Hindi written?
Devanagari
How many official languages does the Government of India have?
two
In how many states is Hindi an official language?
nine
What is Hindi described as?
a standardised and Sanskritised register of the Hindustani language
Test your knowledge of economics with this quiz! From the production and distribution of goods and services to the behavior of economic agents, this quiz covers key concepts in both microeconomics and macroeconomics. See how well you understand the fundamental elements of the economy and the outcomes of economic interactions.
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