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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
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Online Test
00:00
Question # 1
Price of a product falls by 10% and its demand rises by 30%. The elasticity of demand is
Question # 2
Members of business partnership in Pakistan are:
Question # 3
"The reward for a factor is determined by the marginal revenue product of the factor" . it was said by:
Question # 4
Economic laws can be define as .
Question # 5
The maximum number of parteners in a partnership is .
Question # 6
Economic wants.
Question # 7
Price determined in case of a perishable good will be.
Question # 8
Profits arise because an entrepreneur
Question # 9
Land is mobile factor of production.
Question # 10
Profit = ?
Question # 11
Marginal revenue is always less than price at all levels of output in
Question # 12
MC is given by slope of
Question # 13
A public corporation comes into existence by means
Question # 14
When total product rises marginal product.
Question # 15
A consumer's spending is restricted because of
Question # 16
In short period how many possibilities in which a firm may find itself
Question # 17
Members of a public limited company in Pakistan are.
Question # 18
Economic principle are also called
Question # 19
One of the following is fixed capital.
Question # 20
It describes the law of supply
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
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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 utility of durable consumer goods. |
A. Diminishes with the passage of time
B. Perishes, if not used
C. Can be obtained constantly
D. None of the three
|
| 2 | Estimate of Pakistan's population for 2013 is |
A. 185 million
B. 285 million
C. 385 million
D. 485 million
|
| 3 | Assumptions of a law are called: |
A. Constant
B. Parameters
C. Variables
D. Dependent variable
|
| 4 | An important factor which promotes large scale production is: |
A. Extant of market
B. Revolutionary changes in social life
C. Culture and civilization
D. All the three
|
| 5 | When labourers do not get jobs according to their qualification it will be : |
A. Unemployment
B. Under employment
C. Disguised unemployment
D. None of the three
|
| 6 | Law of Equi marginal utlility is a low of |
A. production of wealth
B. consumption of wealth
C. distribution of wealth
D. exchange of wealth
|
| 7 | The goods used to produce income or wealth are., |
A. Consumer goods
B. Manufactured goods
C. Merit goods
D. Capital goods
|
| 8 | To reduce unemployment the govt. may |
A. reduce money supply
B. reduce mobility of labour
C. reduce minimum wages
D. increase government spending
|
| 9 | Product differentiation is a pre-condition of: |
A. Perfect competition
B. Imperfect compitition
C. Monopoly
D. Oligopoly
|
| 10 | Economics theory means |
A. economic policy
B. economic principles
C. descriptive economics
D. economics facts
|
11th Class Economics English Medium Test
Test Questions
Share your comments & questions here
Guest User
10 Dec 2019very good
Arbaz khan
25 Jul 2019if you have a job for 10 class students So.....!
ali raza siddiqui
18 Jul 2019good
Fahad
04 Jan 2019Now
Asad bhatti
09 Dec 2018hmmm