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This online test contains MCQs about following topics:
. Economics is a Science of wealth . Economics is a Science of Material Welfare . Economics is a Science of Scarcity and Choice . Coparison of the definitions of Marshall and Robbins . Scope of Economics . Subject matter of economics . Individual or collective behaviour . Question of likes or diklikes of wants| . Economics Law
ICOM Part 1 Economics Ch 1 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 1 "Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test"
Try The MCQ's Test For Chapter 1 "Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test"
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Total Questions15
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Time Allowed20
Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test
00:00
Question # 1
Micro economics related to
Question # 2
Walker, senior and Malthus belonged to school of thought
Question # 3
The science in which conditions and incidents are checked from a particular point of view, is called
Question # 4
In how many parts professor Adam smith divided his book "Wealth of nations"
Question # 5
"Principles of Economics" was written in:
Question # 6
In macro economics, what kind of problems can be discussed
Question # 7
Are included in welfare economist
Question # 8
Founder of new classical school of thought was
Question # 9
Which statement is called subject matter of economics
Question # 10
The conditions which are essentially kept constant for the application of economic laws, are called
Question # 11
Economic problem arises due to:
Question # 12
Which one is not studied in micro economic
Question # 13
Study of small units of an economic system is called
Question # 14
"The nature of significance economics sciences" was written in:
Question # 15
Study of large units of the economy is known as:
Prepare Complete Set Wise Chapter 1 "Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test" MCQs Online With Answers
11th Principle of Economics Chapter 1 Test
Here you can prepare 11th Principle of Economics English Medium Chapter 1 Definition of Economics Test. Click the button for 100% free full practice test.
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ICom Part 1 Principles of Economics ( English Medium) Chapter 1 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The goods which are directly consumed by the human-being, are called |
A. Consumer goods
B. Capital goods
C. Industrial goods
D. None of the three
|
| 2 | In which year Kenyens wrote his book "General theory of employment, interest and money |
A. 1929
B. 1931
C. 1934
D. 1936
|
| 3 | "Principles of Economics" was written in: |
A. 1776
B. 1890
C. 1932
D. 1930
|
| 4 | Laws which reflect religion of society |
A. Economic laws
B. State laws
C. Scientific laws
D. Moral laws
|
| 5 | Which economist did present the concept of macro economics |
A. Adam Smith
B. Marshall
C. Pigou
D. Keynes
|
| 6 | Who did say that Economics is science of material welfare |
A. Adam smith
B. Marshall
C. Ricardo
D. Robbins
|
| 7 | Economics according to its scope is |
A. Science
B. Art
C. Science & Art
D. Only positive science
|
| 8 | To derive economic laws inductive method was adopted by |
A. Classical school of thought
B. Neo classical school of thought
C. Historical school of thought
D. Modern school of thought
|
| 9 | Economics is a science |
A. Political
B. Spiritual
C. Social
D. Scientific
|
| 10 | Who did criticise the definition of Robbins |
A. Marshall
B. J.B. Clark
C. Beveridge
D. Pigou
|
Test Questions
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