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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
Who is father of economics
Question # 2
Who said that economics is science of unlimited wants and limited means
Question # 3
Cannon,. Pigou and Pareto belonged to school of thought
Question # 4
The most clear and comprehensive definition of economics is given by
Question # 5
Economics according to its scope is
Question # 6
In which year the book named "Principles of Economics" was written
Question # 7
Economics is concerned with the attainment of material requisites
Question # 8
In how many parts professor Adam smith divided his book "Wealth of nations"
Question # 9
Who said that economics has the place of intellectual religion
Question # 10
Who did criticise the definition of Robbins
Question # 11
The non-material activities which have the ability to satisfy human wants indirectly, are called
Question # 12
Economics is a science
Question # 13
Micro economics studies related to
Question # 14
To which area of England Adam Smith belonged
Question # 15
In which kind of economics, aggregate behaviors of the economy are reviewed
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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Q Qazi Muhammad bin 22 - May - 2024 00 Min 05 Sec 15/15 -
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 -
A Arham Khan 09 - Jun - 2024 01 Min 35 Sec 13/15 -
S Sania Butt 29 - May - 2024 02 Min 39 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 -
L Lily 24 - Oct - 2025 01 Min 56 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 | Which is not studied in macro economics |
A. National income
B. Money and banking
C. Price theory
D. Public finance
|
| 2 | Which is not studied in micro economics ? |
A. Theory of consumer behaviour
B. Price theory
C. Theory of money
D. Theory of distribution of wealth
|
| 3 | Which economist did present the concept of macro economics |
A. Adam Smith
B. Marshall
C. Pigou
D. Keynes
|
| 4 | Which is not studied in macro economics ? |
A. National income
B. Money and banking
C. Consumer's behavior
D. Public finance
|
| 5 | New classical economist is |
A. Robbins
B. Malthus
C. Marshall
D. Adam Smith
|
| 6 | Who is father of economics |
A. Marshall
B. Malthus
C. Adam smith
D. Cannon
|
| 7 | Who did write the book named "An enquiry into the nature and causes of the wealth of nations" |
A. Adam smith
B. Marshall
C. Robbins
D. Canon
|
| 8 | The conditions which are essentially kept constant for the application of economic laws, are called |
A. Changes
B. Assumptions
C. Limitations
D. Theories
|
| 9 | Who did write the book named "General theory of employment, interest and money |
A. Robbins
B. Pigou
C. Keynes
D. Cannon
|
| 10 | Who said that economics has the place of intellectual religion |
A. Cannon
B. Pigou
C. Durban
D. Robbins
|
Test Questions
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