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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
According to Robbins, the basic concept of Economics is
Question # 2
Behavior adopted on the basis of unlimited wants and limited means, is named
Question # 3
Who said that economics has the place of intellectual religion
Question # 4
"Principles of Economics" was written by.
Question # 5
Who did write the book named "General theory of employment, interest and money"
Question # 6
According to Marshall, Economics is
Question # 7
Of what nature state laws are
Question # 8
Founder of modern school of thought:
Question # 9
Which is not studied in macro economics ?
Question # 10
Factors of production are:
Question # 11
To which area of England Adam Smith belonged
Question # 12
Inductive method represents:
Question # 13
"General theory of employment, interest and money" was written in:
Question # 14
In which punishment is not applicable for the disobedience, the laws are
Question # 15
Walker, senior and Malthus belonged to school of thought
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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ICom Part 1 Principles of Economics ( English Medium) Chapter 1 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Not acting upon economic laws |
A. One gets punishment
B. Economy faces loss
C. Only the people not acting, face loss
D. No one is influenced
|
| 2 | Who did name Economics as the science of mammon worship and dismal science |
A. Marshall
B. Keynes
C. John Ruskin & Carlyle
D. Pigou
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| 3 | Who said that economics is science of wealth |
A. Adam smith
B. Robbins
C. Marshall
D. Pigou
|
| 4 | Inductive method represents: |
A. General to particular
B. Particular to general
C. Normative science
D. Economic planning
|
| 5 | Who did give economics the status of positive science |
A. Marshall
B. Robbins
C. Cannon
D. Pareto
|
| 6 | Study of large units of the economy is known as: |
A. Micro economics
B. Macro ecnomics
C. Applied economics
D. All of them
|
| 7 | In which year the book named "Principles of Economics" was written |
A. 1805
B. 1890
C. 1903
D. 1915
|
| 8 | In which punishment is not applicable for the disobedience, the laws are |
A. Moral laws
B. Laws of state
C. Political laws
D. Economic laws
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| 9 | When was professor Robbins book "Nature and importance of economics" written |
A. 1915
B. 1932
C. 1934
D. 1937
|
| 10 | In how many parts professor Adam smith divided his book "Wealth of nations" |
A. Two
B. Three
C. Four
D. Five
|
Test Questions