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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
Word of economics has been derived from "Oikonomos" which is word of the language
Question # 2
Laws cannot be predicted
Question # 3
Exact perdition not possible in:
Question # 4
The whom individuals Marshal included in definition of economics
Question # 5
Which laws are definite and universal
Question # 6
Which statement is called subject matter of economics
Question # 7
Cannon,. Pigou and Pareto belonged to school of thought
Question # 8
In which year Kenyens wrote his book "General theory of employment, interest and money
Question # 9
Micro economics studies related to:
Question # 10
Study of small units of an economic system is called
Question # 11
Ceteris paribus means:
Question # 12
Which is not studied in micro economics
Question # 13
Who did write the book named "General theory of employment, interest and money"
Question # 14
Deductive method of deriving economic laws
Question # 15
Behavior adopted on the basis of unlimited wants and limited means, is named
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 -
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 -
L Lily 21 - Jan - 2026 02 Min 04 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 -
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 | Economics according to its scope is: |
A. Science
B. Art
C. Science & Art
D. Only positive science
|
| 2 | According to Neo Classical economists, Economics is science of |
A. Scarcity of means
B. Material welfare
C. Wealth
D. Unlimited wants
|
| 3 | Methods of deriving economic laws are |
A. Two
B. Three
C. Four
D. Five
|
| 4 | "General theory of employment, interest and money" was written by: |
A. Robbins
B. Pigou
C. Keynes
D. Canon
|
| 5 | Marshall belonged to the country |
A. America
B. England
C. France
D. Japan
|
| 6 | Which side of life of human being is analysed in economics |
A. Political
B. Social
C. Economic
D. Moral
|
| 7 | Founder of modern school of thought: |
A. Adam smith
B. Marshall
C. Ricardo
D. Robbins
|
| 8 | Points of Robbins definition are |
A. Two points
B. Four points
C. Economic points
D. Practical points
|
| 9 | "The nature of significance economics sciences" was written in: |
A. 1930
B. 1936
C. 1932
D. 1890
|
| 10 | Of what nature state laws are |
A. Local
B. Regional
C. National
D. International
|
Test Questions