Economics & Consumer Education — Practice Quiz
Telangana Open School (TOSS) · Class 12 · Community Science (Home Science)
Try a 4-question quiz on Economics & Consumer Education for Telangana Open School (TOSS) Class 12 Community Science: tap an answer to check it and see why.
Interactive on Super Tutor
Studying Economics & Consumer Education? Get the full interactive chapter.
Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for practice quiz and more.
Free trial, no card needed.
Quick Quiz: Economics & Consumer Education
0/4Tap an answer to check it instantly. No sign-up needed for these 4.
What is the main purpose of studying consumer education?
Which of the following is an example of direct income?
Which type of income includes goods and services enjoyed by the family?
What is psychic income?
Sample Questions
Which of the following is a function of money?
Show answer
It acts as a medium of exchange
Money serves as a medium of exchange, allowing people to buy goods and services easily without barter.
Which of the following is an example of indirect income?
Show answer
Rent-free accommodation
Indirect income includes facilities like rent-free housing or free medical care that save money which would otherwise be spent.
What is a budget?
Show answer
An estimate of future income and expenditure
A budget is a plan that estimates future income and how it will be spent over a specific period.
Which of the following is part of money income?
Show answer
Wages or salary
Money income includes all cash earnings like wages, salary, rent, interest, and bonuses.
+40 more questions on Economics & Consumer Education (Telangana Open School (TOSS) Class 12 Community Science (Home Science))
Practise AllFrequently Asked Questions
What are the important topics in Economics & Consumer Education for Telangana Open School (TOSS) Class 12 Community Science (Home Science)?
How many practice questions are there for Economics & Consumer Education?
Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
More resources for Economics & Consumer Education
Important Questions
Exam-style questions with answers
Revision Notes
Key points for last-minute revision
Chapter Summary
Understand the chapter at a glance
Concept Maps
See how topics connect
Study Plan
Step-by-step plan for this chapter
Flashcards
Quick-fire cards for active recall
Syllabus
What topics to cover
For serious students
Get the full Economics & Consumer Education chapter — start free.
Quizzes, flashcards, an AI doubt solver and a study plan for Telangana Open School (TOSS) Class 12 Community Science (Home Science). Free to start, no card needed.