Timed Challenge - Answer & Submit | GK Mania

1 What economic indicator measures the total value of goods produced in a country?

A) GNP (Gross National Product)

B) GDP (Gross Domestic Product)

C) CPI (Consumer Price Index)

D) HDI (Human Development Index)

2 What is a salary?

A) An investment

B) Regular pay for

C) A tax refund

D) A type of bonus

3 What is a receipt?

A) Proof of a completed

B) A loan agreement

C) A type of investment

D) A bank statement

4 What is the term for a market with two dominant sellers?

A) Duopoly

B) Cartel

C) Monopoly

D) Oligopoly

5 What economic concept measures the additional benefit of one more unit?

A) Total utility

B) Diminishing returns

C) Average utility

D) Marginal utility

6 What is an economic indicator?

A) A bank interest rate

B) A company's logo

C) statistic that provides

D) A stock ticker symbol

7 What is an export?

A) Goods sold to another

B) Domestic sales

C) Goods bought from abroad

D) Local trade

8 What is supply chain?

A) A single store

B) A tax system

C) A bank process

D) Steps from

9 What is the purpose of a non-disclosure agreement?

A) Legally binding parties to

B) Filing taxes

C) Registering a business

D) Sharing information publicly

10 What is the currency of the United Kingdom?

A) Dollar

B) Pound

C) Franc

D) Euro

Quiz

1 What economic indicator measures the total value of goods produced in a country?

2 What is a salary?

3 What is a receipt?

4 What is the term for a market with two dominant sellers?

5 What economic concept measures the additional benefit of one more unit?

6 What is an economic indicator?

7 What is an export?

8 What is supply chain?

9 What is the purpose of a non-disclosure agreement?

10 What is the currency of the United Kingdom?

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Quiz

1 What economic indicator measures the total value of goods produced in a country?

2 What is a salary?

3 What is a receipt?

4 What is the term for a market with two dominant sellers?

5 What economic concept measures the additional benefit of one more unit?

6 What is an economic indicator?

7 What is an export?

8 What is supply chain?

9 What is the purpose of a non-disclosure agreement?

10 What is the currency of the United Kingdom?

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Quiz Results