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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 framed by parliament
Question # 2
Propounder of economics was
Question # 3
Deductive method of economic study.
Question # 4
Which is not studied in micro economics ?
Question # 5
Founder of modern school of thought:
Question # 6
Who said that economics is positive science
Question # 7
Methods to derive economic laws:
Question # 8
Who is called founder of modern school of thought
Question # 9
Economics is basically divided into two parts
Question # 10
"The nature of significance economics sciences" was written in:
Question # 11
Who is the Founder of macro economics ?
Question # 12
Founder of new classical school of thought was
Question # 13
Micro economics studies related to:
Question # 14
Marshall belonged to the country
Question # 15
Deductive method of deriving economic laws
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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W Wasif Mehmood 01 - Nov - 2024 00 Min 12 Sec 15/15 -
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 -
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 -
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 -
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 | Walker, senior and Malthus belonged to school of thought |
A. Classical
B. Neo classical
C. Keynesian
D. None of these
|
| 2 | How many are kinds of economics |
A. Two
B. Three
C. Four
D. Five
|
| 3 | Economics according to its scope is: |
A. Science
B. Art
C. Science & Art
D. Only positive science
|
| 4 | In which year the book named "Principles of Economics" was written |
A. 1805
B. 1890
C. 1903
D. 1915
|
| 5 | Ceteris paribus means: |
A. Other things remain the same
B. Assumptions of the law
C. Conditions of the law
D. All of them
|
| 6 | According to Robbins, the basic concept of Economics is |
A. Political problem
B. Economic problem
C. Psychological problem
D. Religious problem
|
| 7 | Study of large units of the economy is known as: |
A. Micro economics
B. Macro ecnomics
C. Applied economics
D. All of them
|
| 8 | The science in which conditions and incidents are checked from a particular point of view, is called |
A. Positive science
B. Normative science
C. Social science
D. All of three
|
| 9 | Which economist did name economics as neutral science |
A. Pigou
B. Keynes
C. Robbins
D. Marshall
|
| 10 | Study of small units of an economic system is called |
A. Micro economics
B. Macro economics
C. Applied economics
D. All the three
|
Test Questions
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