Business and Economy Quiz

Business and Economy Quiz

The Business and Economy Quiz category is aimed at younger students who are new to economics. It offers quizzes on the Indian economy with correct answers which makes it a great learning platform. During practice quizzes, kids learn about the latest happening in the Indian Economy.

The Quizopedia provides Indian Business Quizzes in simple language so the parents can use it as a basic platform to strengthen economical general knowledge of their children

Start Quizzing

1) What is Export Subsidy?

2) Mohan took a loan from bank for his house. The bank charged him no interest as the government was issuing interest-free loans. A subsidy like this where the recipient has received a cash benefit is a ________.

3) Meena's water bill amounts to rupees 1500 every month. But since the beginning of the year 2021, her water bill comes at a subsidised rate of rupees 750. The type of subsidy where the government reduces the amount of food, water/electricity bills, education and healthcare is called ________.

4) Which of the following is a disadvantage of subsidy?

5) Government announced the price of wheat at rupees 25/kg and purchased all the produce of wheat at the same price. The subsidy at which government supports farmers by buying their entire produce , so that farmers get the minimum amount for their produce is called _________.

6) Providing education loans at a lesser rates to students is an example of ________.

7) Reducing the prices of goods and services in the market would benefit _______.

8) Ram has a business of making men's slippers. This year, to promote his production, the government provided him some amount of money for the raw material. The type of subsidy where the government compensates for some of their expense is called _______________.

9) Reduction in tax of an individual or a company is also a type of __________.

10) What benefits does a consumer have from subsidies?

11) What is a subsidy?

12) A cash/non-cash benefit that a recipient receives indirectly is called a/an __________.

13) Subsidies have the opposite effect of taxes on the production of goods and services.

14) Shalu decides to live on rent in Delhi because of her job. The flat she has chosen has reduced rates of rent as compared to other areas. This kind of subsidy where the recipient receives a non-cash benefit is called ___________.

15) Which of the following is an advantage of subsidy?

Boosting Healthy Learning for the Leaders of Tomorrow

Choose your Class & Get Started

primaryClasses 1,2

Get your primary stage child interested in learning about the world around her/him. Children will love the attractive pictures and interactive buttons that are easy to understand. A variety of fun tidbits from the fields of science, sports, grammar, language, India’s Independence movement, its glorious heritage, forts and palaces, first female achievers, amazing facts about the world, maps, country flags and famous personalities. Special sections are available on space and the cyber world for budding space scientists and cutting-edge computer engineers. There are also brain games and mathematical quizzes to help make learning these challenging subjects fun for your genius child. Make the most of our carefully designed learning program through quizzes for primary stage school kids. Your kids are instilled with a natural sense of wonder. Catch this excitement early and help your child grow into an intelligent, successful adult you’ll be proud of. Get a Quizopedia subscription today!

Read More Login to view Questions!

upper-primaryClasses 3,4,5

Get your upper primary class child interested in learning and acquiring knowledge. Challenge young brains with specially tailored test questions that inspire curiosity and make learning fun. Quizopedia is one of India’s most popular learning apps specially designed to boost IQs of school age students. This fun quiz app contains hundreds of tests that your child can take to retain long-term memories of amazing facts about the world around us. Studies have shown that curiosity is the best way to learn for children. Quizopedia helps you take advantage of this fact by careful design and proven techniques to make your child smarter. Download Quizopedia today!

Read More Login to view Questions!

middleClasses 6,7,8

Middle Stage Quizopedia quizzes are designed to help your child cement her independent choices of study by advancing levels of quiz questions to those which require application of mind. Help your child make the most of their growing years by challenging them age appropriately. While the abbreviation quiz and the national flag quiz become less important, requiring mere consolidation, mathematics and language skills become better developed. Brain games aim at advancing speed and enhancing levels of complexity. Compared to learning something entirely new, these middle stage school quizzes test your child’s understanding rather than making them learn something entirely new. Make the best use of this sensitive age by helping the brain develop in leaps and bounds. Get your child annual subscriptions for a year-long intensive testing regime. Prepare them early for tough entrance exams by regularly putting them through practice. Shorter, more economical subscriptions are also available. Check out a Quizopedia quiz today!

Read More Login to view Questions!

secondary-classClasses 9,10,11,12

Help your secondary stage child to excel in her chosen field of study with an array of quizzes designed by Quizopedia, that nurtures the individuality in your child. These advanced levels of quiz questions require reasoning, troubleshooting and creativity, thus, helps your kid become aware. While the Grammar and Language, literature quizzes are designed to challenge your kids’ knowledge in every step, mathematics, brain game cyber quiz, and map-based learning quiz give them the opportunity the exercise the complete potential of their brain. Secondary stage quizzes are a balance of acquiring new information and testing existing knowledge. Gift your child the experience of learning what matters! Get annual subscriptions for a year-long intensive testing regime. Prepare them early for tough entrance exams by regularly putting them through practice. Shorter, more economical subscriptions are also available. Check out a Quizopedia quiz today!

Read More Login to view Questions!


Enlighten yourself with the wisdom of the world