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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 laws are conditional
Question # 2
Laws which reflect religion of society
Question # 3
How many are kinds of theoretical economics
Question # 4
Who did criticise the definition of Robbins
Question # 5
Methods to derive economic laws:
Question # 6
Who is the Founder of macro economics ?
Question # 7
"Principles of Economics" was written in:
Question # 8
How many are kinds of economics
Question # 9
Which characteristic is not found in economic laws
Question # 10
In which punishment is not applicable for the disobedience, the laws are
Question # 11
Who did separate economics from political science for the first time
Question # 12
Marshall belonged to the country
Question # 13
Who did introduce Macro Economics
Question # 14
Which is not studied in macro economics
Question # 15
Inductive method represents:
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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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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L Lily 21 - Jan - 2026 02 Min 04 Sec 13/15 -
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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 | Which economist is called Aristotal of economics |
A. Marshall
B. Keynes
C. Adam Smith
D. Malthus
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| 2 | Which is not studied in macro economics ? |
A. National income
B. Money and banking
C. Consumer's behavior
D. Public finance
|
| 3 | Which economist said that abundance of definitions has pressed the neck of economics |
A. Adam Smith
B. Robbins
C. Keynes
D. Pigou
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| 4 | Cannon,. Pigou and Pareto belonged to school of thought |
A. Classical
B. Neo classical
C. Keynesian
D. None of these
|
| 5 | Which laws are framed by parliament |
A. State laws
B. Moral laws
C. Economic laws
D. Scientific laws
|
| 6 | Which book is named "Bible of Capitalism" |
A. Wealth of nations
B. Das capital
C. Principles of economics
D. General theory of employment, interest and money
|
| 7 | Micro economics related to |
A. International trade
B. Behavior of firm
C. National income
D. Personal income
|
| 8 | Who did write the book named "General theory of employment, interest and money" |
A. Marshall
B. Pigou
C. Adam Smith
D. Keynes
|
| 9 | Who said that economics is neutural science ? |
A. Pigou
B. Keynes
C. Robbins
D. Marshall
|
| 10 | Economic problem arises because human wants |
A. Are unlimited
B. Are limited
C. Do not exists
D. None of three
|
Test Questions