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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 economist is called Aristotal of economics
Question # 2
Word of economics has been derived from "Oikonomos" which is word of the language
Question # 3
Who did write the book named "General theory of employment, interest and money"
Question # 4
Economics according to its scope is:
Question # 5
In which year the book named "Principles of Economics" was written
Question # 6
Who said that economics is science of unlimited wants and limited means
Question # 7
Who did name Economics as the science of mammon worship and dismal science
Question # 8
Who did criticise the definition of Robbins
Question # 9
Economics is a science which studies.
Question # 10
Who did give economics the status of positive science
Question # 11
Which statement is called subject matter of economics
Question # 12
The science in which conditions and incidents are checked from a particular point of view, is called
Question # 13
Who did separate economics from political science for the first time
Question # 14
To which area of England Adam Smith belonged
Question # 15
Economic law are made by:
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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M Musa Aziz 07 - May - 2026 01 Min 28 Sec 15/15 -
S Sohaib Rana 26 - Jun - 2026 01 Min 59 Sec 15/15 -
A Abdullah Aslam 06 - Aug - 2024 00 Min 04 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 -
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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 | In how many parts professor Adam smith divided his book "Wealth of nations" |
A. Two
B. Three
C. Four
D. Five
|
| 2 | "The nature of significance economics sciences" was written in: |
A. 1930
B. 1936
C. 1932
D. 1890
|
| 3 | "General theory of employment, interest and money" was written in: |
A. 1930
B. 1936
C. 1932
D. 1890
|
| 4 | Deductive method of economic study. |
A. Systematic
B. General to particular
C. Universal to particular
D. Both (b) and (c)
|
| 5 | Which is not studied in micro economics |
A. Theory of consumer behavior
B. Price theory
C. Theory of money
D. Theory of distribution of wealth
|
| 6 | Economics according to its scope is: |
A. Science
B. Art
C. Science & Art
D. Only positive science
|
| 7 | State laws are of |
A. Regional nature
B. Country nature
C. International nature
D. Non of three
|
| 8 | In which year the book named "An enquiry into the nature and causes of the wealth of nations" was written |
A. 1696
B. 1776
C. 1803
D. 1825
|
| 9 | How many kinds of science are |
A. Two
B. Three
C. Four
D. Five
|
| 10 | Adam Smith belongs to: |
A. Poland
B. Scotland
C. Ireland
D. Holland
|
Test Questions