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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 economist said that, economics cannot be separated from spiritual values?
Question # 2
Who said that economics is positive science
Question # 3
How many are kinds of economics
Question # 4
Founder of Classical school of thought was:
Question # 5
Of what nature state laws are
Question # 6
The goods which are directly consumed by the human-being, are called
Question # 7
New classical economist is
Question # 8
Which is not studied in micro economics ?
Question # 9
According to Neo Classical economists, Economics is science of
Question # 10
Economic problem arises because human wants
Question # 11
"Principles of Economics" was written by.
Question # 12
"The nature and significance of economic sciences" was written by:
Question # 13
Who is father of economics
Question # 14
How many kinds are of positive economics
Question # 15
Adam Smith belongs to:
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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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 -
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A Arham Khan 09 - Jun - 2024 01 Min 35 Sec 13/15 -
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M Mehwish Mughal 01 - Nov - 2024 03 Min 10 Sec 12/15 -
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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 | Word of economics has been derived from "Oikonomos" which is word of the language |
A. French
B. Latin
C. Russian
D. None of them
|
| 2 | Which is not studied in micro economics ? |
A. Theory of consumer behaviour
B. Price theory
C. Theory of money
D. Theory of distribution of wealth
|
| 3 | 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
|
| 4 | Which economist did name economics as neutral science |
A. Pigou
B. Keynes
C. Robbins
D. Marshall
|
| 5 | 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
|
| 6 | Which economist said that abundance of definitions has pressed the neck of economics |
A. Adam Smith
B. Robbins
C. Keynes
D. Pigou
|
| 7 | In macro economics, what kind of problems can be discussed |
A. International trade
B. Consumers behavior
C. Problems of a firm
D. Determination of price
|
| 8 | Which laws are definite and universal |
A. Economic laws
B. Moral laws
C. State laws
D. Scientific laws
|
| 9 | Inductive method represents: |
A. General to particular
B. Particular to general
C. Normative science
D. Economic planning
|
| 10 | Who did write the book named "Principles of Economics" was written |
A. Adam smith
B. Marshall
C. Robbins
D. Cannon
|
Test Questions
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