Economics MCQs

This page summarizes the Economics MCQs, for chapters which are covered in Class 12 Economics as well as applicable for entrance examinations like CA CPT, CS Foundation and other equivalent examinations in India and other countries. Each Economics MCQs Test contains 10 questions.  Answers to Economics MCQs are available at the end of the last question.

Chapter NumberTopic Name
Chapter 1Introduction to Micro Economics
Chapter 2Theory of Consumer Behaviour
Chapter 2Theory of Demand
Chapter 2Theory of Supply
Chapter 3Theory of Production
Chapter 3Theory of Cost
Chapter 4Market
Chapter 4Determination of Price
Chapter 4Price and Output Determination
Chapter 5Role of Different Sectors
Chapter 5Indian Economy
Chapter 5National Income
Chapter 5Tax System
Chapter 6Population
Chapter 6Poverty
Chapter 6Unemployment
Chapter 6Infrastructural Challenges
Chapter 6Inflation
Chapter 6Budget and Fiscal Deficits
Chapter 7Economic Reforms in India
Chapter 7Liberalisation, Privatisation and Disinvestment
Chapter 7Globalisation
Chapter 8Money
Chapter 8Commercial Banks
Chapter 8Reserve Bank of India (RBI)

Instructions to attempt the Economics MCQs

  • Each Economics MCQs Test contains 10 questions.
  • Answers to Economics MCQs are available at the end of the last question.  
  • Each MCQ has 3 to 4 options of which one is correct;
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