Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
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"
-
Total Questions15
-
Time Allowed20
Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test
00:00
Question # 1
Who did separate economics from political science for the first time
Question # 2
Deductive method of deriving economic laws
Question # 3
Which economist introduced economics as a science for the first time
Question # 4
Which statement is called subject matter of economics
Question # 5
Who did write the book named "An enquiry into the nature and causes of the wealth of nations"
Question # 6
Who did write the book named "Nature and importance of economics"
Question # 7
Who did write the book named "General theory of employment, interest and money
Question # 8
Which is not studied in macro economics ?
Question # 9
Factors of production are:
Question # 10
"The nature and significance of economic sciences" was written by:
Question # 11
Which laws are definite and universal
Question # 12
Which characteristic is not found in economic laws
Question # 13
Founder of new classical school of thought was
Question # 14
Propounder of economics was
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
-
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 -
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 -
A Arzoo Qaiser 29 - Jan - 2026 02 Min 51 Sec 11/15
ICom Part 1 Principles of Economics ( English Medium) Chapter 1 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Which laws are framed by parliament |
A. State laws
B. Moral laws
C. Economic laws
D. Scientific laws
|
| 2 | Which economist introduced economics as a science for the first time |
A. Adam Smith
B. Robbins
C. Marshall
D. Pigou
|
| 3 | 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
|
| 4 | Which characteristic is not found in economic laws |
A. Not quantitative
B. Cannot be predicted
C. No punishment in case of going against law
D. Definite and universal
|
| 5 | "General theory of employment, interest and money" was written by: |
A. Robbins
B. Pigou
C. Keynes
D. Canon
|
| 6 | Marshall belonged to the country |
A. America
B. England
C. France
D. Japan
|
| 7 | Study of small units of the economoy is known is: |
A. Micro economics
B. Macro economics
C. Applied economics
D. All of them
|
| 8 | Deductive method of deriving economic laws |
A. We move from general conditions to particular conditions
B. We move from particular conditions to general conditions
C. Stated in general way
D. Different incidents are kept in view
|
| 9 | Which is not studied in macro economics ? |
A. National income
B. Money and banking
C. Consumer's behavior
D. Public finance
|
| 10 | Behavior adopted on the basis of unlimited wants and limited means, is named |
A. Science
B. Art
C. Economics
D. Struggle
|
Test Questions