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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
Who did write the book named "Principles of Economics" was written
Question # 2
Who did say that Economics is science of material welfare
Question # 3
The non-material activities which have the ability to satisfy human wants indirectly, are called
Question # 4
Who did write the book named "An enquiry into the nature and causes of the wealth of nations"
Question # 5
Who did name economics as science of satisfying unlimited wants with limited means
Question # 6
Are included in welfare economist
Question # 7
Economic point of view of the supporters of which school of thought is the name of feeling and mental state
Question # 8
Which is not studied in micro economics
Question # 9
Economic problem arises because human wants
Question # 10
Cannon,. Pigou and Pareto belonged to school of thought
Question # 11
To which area of England Adam Smith belonged
Question # 12
Economics studies human behaviour from
Question # 13
The goods which are directly consumed by the human-being, are called
Question # 14
Economics according to its scope is:
Question # 15
Which side of life of human being is analysed in economics
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 -
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 -
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 | Who did say that Economics is science of material welfare |
A. Adam smith
B. Marshall
C. Ricardo
D. Robbins
|
| 2 | Economics is basically divided into two parts |
A. Micro and macro economics
B. Micro and applied economics
C. Theoretical and applied economics
D. Welfare and applied economics
|
| 3 | Meaning of Economics: |
A. State management
B. Trade management
C. Household management
D. All of them
|
| 4 | Writing of the same behavior of the people in particular arrangement and words is called |
A. Normative science
B. Positive science
C. Economic law
D. Scientific law
|
| 5 | Laws which reflect religion of society |
A. Economic laws
B. State laws
C. Scientific laws
D. Moral laws
|
| 6 | In how many parts professor Adam smith divided his book "Wealth of nations" |
A. Two
B. Three
C. Four
D. Five
|
| 7 | How many kinds of science are |
A. Two
B. Three
C. Four
D. Five
|
| 8 | Which laws are definite and universal |
A. Economic laws
B. Moral laws
C. State laws
D. Scientific laws
|
| 9 | "General theory of employment, interest and money" was written by: |
A. Robbins
B. Pigou
C. Keynes
D. Canon
|
| 10 | According to Robbins, the basic concept of Economics is |
A. Political problem
B. Economic problem
C. Psychological problem
D. Religious problem
|
Test Questions