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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
Which is not studied in macro economics
Question # 2
"The nature and significance of economic sciences" was written by:
Question # 3
How many are kinds of theoretical economics
Question # 4
In which punishment is not applicable for the disobedience, the laws are
Question # 5
Economics according to its scope is
Question # 6
According to Marshall, Economics is
Question # 7
Who said that economics is positive science ?
Question # 8
Economics is basically divided into two parts
Question # 9
Cannon,. Pigou and Pareto belonged to school of thought
Question # 10
The science in which conditions and incidents are checked from a particular point of view, is called
Question # 11
Which laws are framed by parliament
Question # 12
Who did criticise the definition of Robbins
Question # 13
The goods which are directly consumed by the human-being, are called
Question # 14
Behavior adopted on the basis of unlimited wants and limited means, is named
Question # 15
Who said that economics is positive science
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 -
S Sohaib Rana 26 - Jun - 2026 01 Min 59 Sec 15/15 -
A Abdullah Aslam 06 - Aug - 2024 00 Min 04 Sec 14/15 -
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H HarFar 20 - Jul - 2024 02 Min 10 Sec 14/15 -
N Nazish Shakeel 15 - Apr - 2026 02 Min 57 Sec 14/15 -
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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 | 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
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| 2 | 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
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| 3 | Which one is not studied in micro economic |
A. National income
B. Consumer behavior
C. Market equilibrium
D. Firm's equilibrium
|
| 4 | Economics according to its scope is: |
A. Science
B. Art
C. Science & Art
D. Only positive science
|
| 5 | When was professor Robbins book "Nature and importance of economics" written |
A. 1915
B. 1932
C. 1934
D. 1937
|
| 6 | Who did write the book named "General theory of employment, interest and money |
A. Robbins
B. Pigou
C. Keynes
D. Cannon
|
| 7 | Are included in welfare economist |
A. Ricardo and J.S. Mill
B. Robbins and Keynes
C. Cannon and Pigou
D. Malthus and Keynes
|
| 8 | 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
|
| 9 | Behavior adopted on the basis of unlimited wants and limited means, is named |
A. Science
B. Art
C. Economics
D. Struggle
|
| 10 | The non-material activities which have the ability to satisfy human wants indirectly, are called |
A. Goods
B. Services
C. Satisfaction
D. None of the three
|
Test Questions
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