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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
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Question # 1
Which is not studied in micro economics
Question # 2
Which economist did present the concept of macro economics
Question # 3
Who did criticise the definition of Robbins
Question # 4
Economics is a science
Question # 5
Founder of neo-classical school of thought:
Question # 6
How many are kinds of theoretical economics
Question # 7
According to Marshall, Economics is
Question # 8
The conditions which are essentially kept constant for the application of economic laws, are called
Question # 9
How many kinds of science are
Question # 10
Which economist introduced economics as a science for the first time
Question # 11
Study of large units of the economy is known as:
Question # 12
"The nature of significance economics sciences" was written in:
Question # 13
Who did write the book named "General theory of employment, interest and money
Question # 14
Economics is concerned with the attainment of material requisites
Question # 15
Which is not studied in macro economics
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 -
M Musa Aziz 07 - May - 2026 01 Min 28 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 -
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H HarFar 20 - Jul - 2024 02 Min 10 Sec 14/15 -
N Nazish Shakeel 15 - Apr - 2026 02 Min 57 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 -
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 | Founder of new classical school of thought was |
A. Adam smith
B. Marshall
C. Robbins
D. Keynes
|
| 2 | Word of economics has been derived from "Oikonomos" which is word of the language |
A. French
B. Latin
C. Russian
D. None of them
|
| 3 | Which economist introduced economics as a science for the first time |
A. Adam Smith
B. Robbins
C. Marshall
D. Pigou
|
| 4 | Propounder of economics was |
A. Robbins
B. Marshall
C. Adam smith
D. Keynes
|
| 5 | Inductive method of deriving economic laws |
A. We move from general conditions to particulars conditions
B. We move from particular conditions to general conditions
C. Facts are stated in simple and easy way
D. Stated in general way
|
| 6 | How many are kinds of economics |
A. Two
B. Three
C. Four
D. Five
|
| 7 | Which laws are definite and universal |
A. Economic laws
B. Moral laws
C. State laws
D. Scientific laws
|
| 8 | State laws are of |
A. Regional nature
B. Country nature
C. International nature
D. Non of three
|
| 9 | How many kinds are of positive economics |
A. Two
B. Three
C. Four
D. Five
|
| 10 | Economics according to its scope is: |
A. Science
B. Art
C. Science & Art
D. Only positive science
|
Test Questions
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