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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
Economic laws are:
Question # 2
"The nature and significance of economic sciences" was written by:
Question # 3
Study of small units of an economic system is called
Question # 4
How many are kinds of theoretical economics
Question # 5
Who did give economics the status of positive science
Question # 6
Economic problem arises due to:
Question # 7
Who did separate economics from political science for the first time
Question # 8
Who did criticise the definition of Robbins
Question # 9
Laws cannot be predicted
Question # 10
In which year Kenyens wrote his book "General theory of employment, interest and money
Question # 11
Micro economics studies related to:
Question # 12
To derive economic laws deductive method was adopted by
Question # 13
Which book is named "Bible of Capitalism"
Question # 14
Points of Robbins definition are
Question # 15
Who said that economics is science of wealth
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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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 -
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 -
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 -
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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 | Founder of Classical school of thought was: |
A. Adam smith
B. Marshall
C. Robbins
D. Keynes
|
| 2 | In which year Kenyens wrote his book "General theory of employment, interest and money |
A. 1929
B. 1931
C. 1934
D. 1936
|
| 3 | Who said that you can not become good citizen if you have no economist with you |
A. Marshall
B. Pigou
C. Keynes
D. Voton
|
| 4 | Who did write the book named "Nature and importance of economics" |
A. Adam smith
B. Marshall
C. Robbins
D. Keynes
|
| 5 | Micro economics studies related to: |
A. National income
B. Unemployment
C. Trade cycle
D. Consumers behaviour
|
| 6 | Who said that economics is the science of wealth ? |
A. Adam Smith
B. Robbins
C. Marshall
D. Pigou
|
| 7 | The conditions which are essentially kept constant for the application of economic laws, are called |
A. Changes
B. Assumptions
C. Limitations
D. Theories
|
| 8 | In which kind of economics, aggregate behaviors of the economy are reviewed |
A. Theoretical
B. Applied
C. Micro
D. Macro
|
| 9 | Which economist did name economics as neutral science |
A. Pigou
B. Keynes
C. Robbins
D. Marshall
|
| 10 | Who did say that Economics is science of material welfare |
A. Adam smith
B. Marshall
C. Ricardo
D. Robbins
|
Test Questions