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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
Economic law are made by:
Question # 2
Word of economics has been derived from "Oikonomos" which is word of the language
Question # 3
State laws are of
Question # 4
To describe as it is, after seeing and analyzing any event, is known as
Question # 5
Who did name economics as science of satisfying unlimited wants with limited means
Question # 6
Which book is named "Bible of Capitalism"
Question # 7
In which kind of economics, aggregate behaviors of the economy are reviewed
Question # 8
Economics is concerned with the attainment of material requisites
Question # 9
Founder of neo-classical school of thought:
Question # 10
In which year the book named "Principles of Economics" was written
Question # 11
Economics according to its scope is:
Question # 12
Who is father of economics
Question # 13
Micro economics studies related to:
Question # 14
When after the observation and analysis of the conditions, they are stated as they are, is called
Question # 15
Founder of Classical school of thought was:
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 -
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 -
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 write the book named "Principles of Economics" was written |
A. Adam smith
B. Marshall
C. Robbins
D. Cannon
|
| 2 | Study of large aggregated of economic system is called |
A. Micro economics
B. Macro economics
C. Applied economics
D. All the three
|
| 3 | How many kinds of science are |
A. Two
B. Three
C. Four
D. Five
|
| 4 | Study of large units of the economy is known as: |
A. Micro economics
B. Macro ecnomics
C. Applied economics
D. All of them
|
| 5 | To describe as it is, after seeing and analyzing any event, is known as |
A. Normative science
B. Positive science
C. Biological science
D. For casting science
|
| 6 | According to Marshall, Economics is |
A. Social Science
B. Correcting science
C. Positive science
D. Moral science
|
| 7 | Methods of deriving economic laws are |
A. Two
B. Three
C. Four
D. Five
|
| 8 | Economics according to its scope is: |
A. Science
B. Art
C. Science & Art
D. Only positive science
|
| 9 | Who said that economics is positive science ? |
A. Adam smith
B. Marshall
C. Robbins
D. Keynes
|
| 10 | How many kinds are of positive economics |
A. Two
B. Three
C. Four
D. Five
|
Test Questions
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