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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
New classical economist is
Question # 2
Which statement is called subject matter of economics
Question # 3
"General theory of employment, interest and money" was written in:
Question # 4
Study of large units of the economy is known as:
Question # 5
According to Marshall, Economics is
Question # 6
Which book is named "Bible of Capitalism"
Question # 7
How many kinds of science are
Question # 8
To describe as it is, after seeing and analyzing any event, is known as
Question # 9
Inductive method of deriving economic laws
Question # 10
Who did write the book named "Principles of Economics" was written
Question # 11
Who did separate economics from political science for the first time
Question # 12
Which economist said that abundance of definitions has pressed the neck of economics
Question # 13
In which punishment is not applicable for the disobedience, the laws are
Question # 14
Laws which reflect religion of society
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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N Nazish Shakeel 15 - Apr - 2026 02 Min 57 Sec 14/15 -
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ICom Part 1 Principles of Economics ( English Medium) Chapter 1 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | In which year Kenyens wrote his book "General theory of employment, interest and money |
A. 1929
B. 1931
C. 1934
D. 1936
|
| 2 | Who said that economics is normative science ? |
A. Keynes
B. Robbins
C. Marshall
D. Rocher
|
| 3 | Which laws are conditional |
A. State
B. Economic
C. Scientific
D. Moral
|
| 4 | How many are kinds of theoretical economics |
A. Two
B. Three
C. Four
D. Five
|
| 5 | Methods to derive economic laws: |
A. One
B. Two
C. Three
D. Four
|
| 6 | Economics is a science: |
A. Political
B. Spiritual
C. Social
D. Scientific
|
| 7 | The subject matter of Macro Economics is |
A. Consumer's behavior
B. International trade
C. Firm's behavior
D. Price mechanism
|
| 8 | Points of Robbins definition are |
A. Two points
B. Four points
C. Economic points
D. Practical points
|
| 9 | Which economist did name economics as neutral science |
A. Pigou
B. Keynes
C. Robbins
D. Marshall
|
| 10 | In how many parts professor Adam smith divided his book "Wealth of nations" |
A. Two
B. Three
C. Four
D. Five
|
Test Questions
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