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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
Which book is named "Bible of Capitalism"
Question # 2
To derive economic laws inductive method was adopted by
Question # 3
Who said that economics is normative science ?
Question # 4
Which one is not studied in micro economic
Question # 5
Not acting upon economic laws
Question # 6
Which characteristic is not found in economic laws
Question # 7
Who did say that Economics is science of material welfare
Question # 8
To describe as it is, after seeing and analyzing any event, is known as
Question # 9
"The nature of significance economics sciences" was written in:
Question # 10
Which is not studied in macro economics ?
Question # 11
The subject matter of Macro Economics is
Question # 12
Economic problem arises because human wants
Question # 13
Economic point of view of the supporters of which school of thought is the name of feeling and mental state
Question # 14
In which kind of economics, aggregate behaviors of the economy are reviewed
Question # 15
According to Marshall, Economics is
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.
Top Scorers Of Chapter 1 "Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test" MCQ`s Test
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W Wasif Mehmood 01 - Nov - 2024 00 Min 12 Sec 15/15 -
A Abdullah Aslam 06 - Aug - 2024 00 Min 04 Sec 14/15 -
U Usva Azam 28 - Jun - 2024 01 Min 40 Sec 14/15 -
A Adeeba Aslam 07 - Aug - 2024 01 Min 42 Sec 14/15 -
H HarFar 20 - Jul - 2024 02 Min 10 Sec 14/15 -
A Arham Khan 09 - Jun - 2024 01 Min 35 Sec 13/15 -
L Lily 21 - Jan - 2026 02 Min 04 Sec 13/15 -
S Sania Butt 29 - May - 2024 02 Min 39 Sec 13/15 -
M Minahil Asif 04 - Jun - 2024 01 Min 33 Sec 12/15 -
Y Yahya Albalochi 01 - Nov - 2024 01 Min 44 Sec 12/15 -
A Abubaker 06 - Mar - 2026 02 Min 45 Sec 12/15 -
M Mehwish Mughal 01 - Nov - 2024 03 Min 10 Sec 12/15 -
K Khalid Mahmood 21 - Jul - 2024 04 Min 23 Sec 12/15 -
M Muhammad Hassan 11 - Aug - 2024 01 Min 43 Sec 11/15 -
N Nabeeha Khan 04 - Dec - 2024 02 Min 30 Sec 11/15
ICom Part 1 Principles of Economics ( English Medium) Chapter 1 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Which characteristic is not found in economic laws |
A. Not quantitative
B. Cannot be predicted
C. No punishment in case of going against law
D. Definite and universal
|
| 2 | Who wrote the book named "An enquiry into the nature and causes of the wealth of nations ? |
A. Adam Smith
B. Marshall
C. Robbins
D. Canon
|
| 3 | "General theory of employment, interest and money" was written by: |
A. Robbins
B. Pigou
C. Keynes
D. Canon
|
| 4 | Who did say that Economics is science of material welfare |
A. Adam smith
B. Marshall
C. Ricardo
D. Robbins
|
| 5 | Laws cannot be predicted |
A. Scientific laws
B. Moral laws
C. Economic laws
D. Natural laws
|
| 6 | Who is the Founder of macro economics ? |
A. Marshall
B. Malthus
C. Adam smith
D. Keynes
|
| 7 | Who is called founder of modern school of thought |
A. Robbins
B. Cannon
C. Keynes
D. Malthus
|
| 8 | Which is not studied in macro economics |
A. National income
B. Money and banking
C. Price theory
D. Public finance
|
| 9 | How many kinds of science are |
A. Two
B. Three
C. Four
D. Five
|
| 10 | Study of large aggregated of economic system is called |
A. Micro economics
B. Macro economics
C. Applied economics
D. All the three
|
Test Questions