Class 9 Economics Chapter 1 MCQ Online Test

Class 9 Economics Chapter 1 MCQ Online Test | General Economics quiz questions for the preparation of academic and competitive exams.

Are you in search of useful multiple-choice questions (MCQs) covering a wide range of topics from Class 9 Economics Chapter 1?

Class 9 Economics Chapter 1 MCQ Online Test

Class 9 Economics, typically a part of the social science curriculum, serves as an introductory course to economic principles and concepts. It aims to provide students with a foundational understanding of economic theories, systems, and issues relevant to both local and global contexts.

Overall, Class 9 Economics provides students with a solid foundation in economic principles and equips them with the knowledge and skills to understand and critically evaluate economic phenomena in the world around them. It fosters economic literacy and prepares students for further studies in economics or related fields.

Look no further, as this Quiz is here to provide you with an extensive MCQ online test for Class 9 Economics Chapter 1.

Created by Eguardian India

Class 9 Economics Chapter 1 MCQ Online Test

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India has

2 / 25

The largest revenue in India is obtained from

3 / 25

Which is the best measure of the economic growth of a country?

4 / 25

National income in India is compiled by

5 / 25

Which of the following is not a central problem of the economy?

6 / 25

The Industrial Development Bank started functioning in

7 / 25

Inflation implies

8 / 25

Which of the following is the banker of the banks?

9 / 25

Monetary policy is regulated by

10 / 25

Deficit financing is spending

11 / 25

The basic characteristic of oligopoly is

12 / 25

MODVAT refers to

13 / 25

The family planning programme was adopted by the government in

14 / 25

IRDP stands for

15 / 25

Jawahar Rozgar Yojna was started by

16 / 25

‘Utility’ in economics means

17 / 25

Fiscal Policy means

18 / 25

Who is called the ‘Father of Economics’?

19 / 25

According to the law of demand

20 / 25

Nurke’s theory of ‘Vicious Circle’ is related to

21 / 25

The biggest public sector undertaking in the country is

22 / 25

Which of the following would be fixed cost for an industry?

23 / 25

Which of the following is not a characteristic of Capitalism?

24 / 25

Bank rate means

25 / 25

‘Capital goods’ refers to the goods

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What is Economics

Economics is a social science that studies how individuals, businesses, governments, and societies allocate scarce resources to satisfy unlimited wants. It is about the choices people make when they face scarcity and the incentives that guide those choices.

The field of economics analyzes how people interact with each other in markets where goods and services are bought and sold.

In summary, economics is the study of how people allocate scarce resources in order to achieve their goals.


These MCQ Online Test is an effective way for students to test their knowledge and prepare for upcoming exams. It allows them to assess their understanding of the material, identify areas of weakness, and refine their skills.

The online platform is simple to use and provides a range of questions that will challenge even the most advanced learners. Additionally, it helps create a sense of accountability as results are tracked and performance monitored.

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