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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 statement is called subject matter of economics
Question # 2
Economics studies human behaviour from
Question # 3
Who did criticise the definition of Robbins
Question # 4
Which economist did present the concept of macro economics
Question # 5
The most clear and comprehensive definition of economics is given by
Question # 6
Economics is a science which studies.
Question # 7
To describe as it is, after seeing and analyzing any event, is known as
Question # 8
Who said that economics is positive science ?
Question # 9
Methods of deriving economic laws are
Question # 10
Economic point of view of the supporters of which school of thought is the name of feeling and mental state
Question # 11
In which year Kenyens wrote his book "General theory of employment, interest and money
Question # 12
"Principles of Economics" was written in:
Question # 13
Propounder of economics was
Question # 14
Who did separate economics from political science for the first time
Question # 15
How many kinds of science are
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
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ICom Part 1 Principles of Economics ( English Medium) Chapter 1 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | 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
|
| 2 | Word of economics has been derived from "Oikonomos" which is word of the language |
A. French
B. Latin
C. Russian
D. None of them
|
| 3 | According to Robbins, the basic concept of Economics is |
A. Political problem
B. Economic problem
C. Psychological problem
D. Religious problem
|
| 4 | Economics studies human behaviour from |
A. Individual angle
B. Collective angle
C. Individual & Collective angle
D. None
|
| 5 | Economic law are made by: |
A. Govt.
B. Courts
C. Parliament
D. Behaviour of the people
|
| 6 | 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
|
| 7 | Who is father of economics |
A. Marshall
B. Malthus
C. Adam smith
D. Cannon
|
| 8 | Not acting upon economic laws |
A. One gets punishment
B. Economy faces loss
C. Only the people not acting, face loss
D. No one is influenced
|
| 9 | Cannon,. Pigou and Pareto belonged to school of thought |
A. Classical
B. Neo classical
C. Keynesian
D. None of these
|
| 10 | "The nature of significance economics sciences" was written in: |
A. 1930
B. 1936
C. 1932
D. 1890
|
Test Questions
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