Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
Economics is the main subject for the ICS students. Economics is widely taught in all college and universities by expert and professional teachers. Students of Arts can choose the subject according to their choice. It is up to the choice of the students.
Ilmkidunya is first free educational site which has offered new reliable exams system for online exams preparation for the SSC FA part 1 class. Students of the economics can also prepare their subjective paper from ilmkidunya. Ilmkidunya provides the unique chance to the ICS students. The entire important question is available on the website. ICS students can find this page more helpful. On this online test page, ICS Part 1 students can assess their self for passing exams with the excellent Grades. The online Economics question papers and objective papers provide the unique help to the students. Students can prepare the exams in a better way.
The students can easily can access the topics very easily There is 20% objective is compulsory in the paper. Thousands of MCQ for ICS students are uploaded for the convenience of the students so that they can prepare well and pass the exams with notable grades. Economics online ICS test is the unique opportunity is the unique opportunity for the students. It is not only make the students more proficient, but it also makes the the students more erudite.
Students of ICS class can examine their preparation by this online test system as many times as they want until they find their self fully able. ICS students are advised to attempt this online test for economics paper.
Economics Ics Part 1 English Medium Online Test
Try The Economics Ics Part 1 English Medium Online Test
-
Total Questions20
-
Time Allowed30
Economics Ics Part 1 English Medium Online Test
00:00
Question # 1
A consumer's spending is restricted because of
Question # 2
Normal profit is
Question # 3
Fixing of minimum wage
Question # 4
Which of the following is NOTa characteristic of perfect competition?
Question # 5
The production function relates to
Question # 6
Economics problems arise because of
Question # 7
Who said that "Economics is a science of human welfare"
Question # 8
If the rate of inflation goes up, the real wags of labourers will :
Question # 9
Excise tax is a part of
Question # 10
When demand is perfectly elastic, an increase in supply will result in
Question # 11
If elasticity of supply is greater than one. supply curve will be
Question # 12
One of the following is gift of a nature .
Question # 13
The necessary condition for equilibrium position of a firm is
Question # 14
Human wants are
Question # 15
Choose the correct establish condition for equilibrium
Question # 16
Production in economic means
Question # 17
Interest is paid because
Question # 18
The part of wealth, other than natural resources, which can be used for further production of wealth are called
Question # 19
The government constructed a new water reservoir for the purpose of irrigation; this might be taken as
Question # 20
An important factor which promotes large scale production is:
Here is List Of Chapter Wise Tests
| Ch. # | Test Name | MCQs Available | PDF File | Launch Test |
|---|---|---|---|---|
| 1 | Economics Ics Part 1 English Medium Chapter 1 Online Test | 66 | Download PDF | Launch Test |
| 2 | Economics Ics Part 1 English Medium Chapter 2 Online Test | 37 | Download PDF | Launch Test |
| 3 | Economics Ics Part 1 English Medium Chapter 3 Online Test | 38 | Download PDF | Launch Test |
| 4 | Economics Ics Part 1 English Medium Chapter 4 Online Test | 46 | Download PDF | Launch Test |
| 5 | Economics Ics Part 1 English Medium Chapter 5 Online Test | 41 | Download PDF | Launch Test |
| 6 | Economics Ics Part 1 English Medium Chapter 6 Online Test | 32 | Download PDF | Launch Test |
| 7 | Economics Ics Part 1 English Medium Chapter 7 Online Test | 36 | Download PDF | Launch Test |
| 8 | Economics Ics Part 1 English Medium Chapter 8 Online Test | 31 | Download PDF | Launch Test |
| 9 | Economics Ics Part 1 English Medium Chapter 9 Online Test | 24 | Download PDF | Launch Test |
| 10 | Economics Ics Part 1 English Medium Chapter 10 Online Test | 51 | Download PDF | Launch Test |
| 11 | Economics Ics Part 1 English Medium Chapter 11 Online Test | 40 | Download PDF | Launch Test |
| 12 | Economics Ics Part 1 English Medium Chapter 12 Online Test | 39 | Download PDF | Launch Test |
Top Scorers of Economics Ics Part 1 English Medium Online Test
-
L Laiba Muqaddas 24 - Jul - 2024 03 Min 25 Sec 20/20 -
U Uzair Ahmad 10 - May - 2024 01 Min 39 Sec 19/20 -
Z Zafar Ali 24 - May - 2024 00 Min 12 Sec 14/20 -
S Saima Zahid 13 - Jul - 2024 03 Min 15 Sec 13/20 -
N Naeem Baber 10 - Nov - 2024 04 Min 02 Sec 12/20 -
A Abdullah 10 - May - 2024 05 Min 26 Sec 12/20 -
L Laiba Sehar45 15 - Nov - 2024 05 Min 35 Sec 12/20 -
E Erum Ansar 13 - Nov - 2024 06 Min 37 Sec 12/20 -
S Shaniza Shahbaz 14 - May - 2024 05 Min 38 Sec 11/20 -
A Amjad Bajwa 01 - Jun - 2024 07 Min 39 Sec 11/20 -
H Hijab Fatima 14 - Jul - 2024 11 Min 03 Sec 10/20 -
E Elham Ameer 19 - Nov - 2025 00 Min 16 Sec 8/20 -
E Eman Fatima 20 - Jul - 2024 00 Min 17 Sec 8/20 -
D DEMON TECH 31 - Oct - 2024 05 Min 24 Sec 8/20 -
M Muhammad nouman 11 - Nov - 2024 05 Min 34 Sec 8/20
ICS Part 1 Economics Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The minimum wage is an example of |
A. price floor
B. price ceiling
C. equilibrium wage
D. efficiency of labour
|
| 2 | In case of perfectly elastic demand curve, the demand curve will be parallel to the. |
A. Horizontal Axis
B. Vertical Axis
C. None of the above
|
| 3 | Equilibrium |
A. is a state that can never be achieved in economics
B. is an important idea for predicting economics changes
C. is a stable condition
D. is an unstable condition
|
| 4 | Equilibrium of consumer is explained by |
A. negative utility
B. positive utility
C. marginal utility
D. profit
|
| 5 | He put forward the theory of profit |
A. Keynes
B. Adam Smith
C. Knight
D. Anyson
|
| 6 | According to Keynes interest is a payment for |
A. use of durable goods
B. use of capital
C. use of money
D. use of land
|
| 7 | As output increases |
A. MC curve firstly falls then rises
B. MC firstly rises then falls
C. MC continuously rises
D. continuously falls
|
| 8 | Who introduced the concept of Quasi rent. |
A. Hicks
B. Alfred Marshall
C. Hobson
D. Robbins
|
| 9 | If quantity demanded is completely unresponsive to changes in price, demand is |
A. inelastic
B. unit elastic
C. elastic
D. perfectly inelastic
|
| 10 | "The reward for a factor is determined by the marginal revenue product of the factor" . it was said by: |
A. J.M. Keynes
B. Taussing
C. Hansen
D. Carver
|
11th Class Economics English Medium Test
Test Questions