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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
"General theory of employment, interest and money" was written by:
Question # 2
Laws cannot be predicted
Question # 3
To derive economic laws inductive method was adopted by
Question # 4
Adam Smith belongs to:
Question # 5
Who did write the book named "General theory of employment, interest and money
Question # 6
Are included in welfare economist
Question # 7
Of what nature state laws are
Question # 8
The conditions which are essentially kept constant for the application of economic laws, are called
Question # 9
Economic laws are
Question # 10
Founder of neo-classical school of thought:
Question # 11
Study of small units of an economic system is called
Question # 12
Who said that economics is science of wealth
Question # 13
Writing of the same behavior of the people in particular arrangement and words is called
Question # 14
Who said that you can not become good citizen if you have no economist with you
Question # 15
Which economist did present the concept of 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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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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A Arham Khan 09 - Jun - 2024 01 Min 35 Sec 13/15 -
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Y Yahya Albalochi 01 - Nov - 2024 01 Min 44 Sec 12/15 -
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M Mehwish Mughal 01 - Nov - 2024 03 Min 10 Sec 12/15 -
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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 | Are included in welfare economist |
A. Ricardo and J.S. Mill
B. Robbins and Keynes
C. Cannon and Pigou
D. Malthus and Keynes
|
| 2 | Who did write the book named "Principles of Economics" was written |
A. Adam smith
B. Marshall
C. Robbins
D. Cannon
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| 3 | "Principles of Economics" was written by. |
A. Adam smith
B. Marshall
C. Robbins
D. Canon
|
| 4 | Economic problem arises because human wants |
A. Are unlimited
B. Are limited
C. Do not exists
D. None of three
|
| 5 | Which economist said that, economics cannot be separated from spiritual values? |
A. Marshall
B. Robbins
C. Adam smith
D. Voton
|
| 6 | How many kinds are of positive economics |
A. Two
B. Three
C. Four
D. Five
|
| 7 | Deductive method of deriving economic laws |
A. We move from general conditions to particular conditions
B. We move from particular conditions to general conditions
C. Stated in general way
D. Different incidents are kept in view
|
| 8 | Ceteris paribus means: |
A. Other things remain the same
B. Assumptions of the law
C. Conditions of the law
D. All of them
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| 9 | Economic problem arises due to: |
A. Unlimited wants
B. Limited resources
C. Resources have alternative use
D. All of them
|
| 10 | Economics according to its scope is: |
A. Science
B. Art
C. Science & Art
D. Only positive science
|
Test Questions