Question # 1

Who is called founder of modern school of thought

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Robbins

Cannon

Keynes

Malthus

According to Marshall, Economics is

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Social Science

Correcting science

Positive science

Moral science

Economics studies human behaviour from

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Individual angle

Collective angle

Individual & Collective angle

None

Propounder of economics was

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Robbins

Marshall

Adam smith

Keynes

Who did write the book named "General theory of employment, interest and money

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Robbins

Pigou

Keynes

Cannon

Economic point of view of the supporters of which school of thought is the name of feeling and mental state

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Classical

Neo classical

Ancient

Modern

To derive economic laws inductive method was adopted by

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Classical school of thought

Neo classical school of thought

Historical school of thought

Modern school of thought

The science in which conditions and incidents are checked from a particular point of view, is called

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Positive science

Normative science

Social science

All of three

"The nature and significance of economic sciences" was written by:

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Adam smith

Marshall

Robbins

Canon

Which laws are definite and universal

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Economic laws

Moral laws

State laws

Scientific laws

Meaning of Economics:

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State management

Trade management

Household management

All of them

Economics according to its scope is

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Science

Art

Science & Art

Only positive science

Which book is named "Bible of Capitalism"

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Wealth of nations

Das capital

Principles of economics

General theory of employment, interest and money

Points of Robbins definition are

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Two points

Four points

Economic points

Practical points

Who did write the book named "An enquiry into the nature and causes of the wealth of nations"

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Adam smith

Marshall

Robbins

Canon

Founder of new classical school of thought was

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Adam smith

Marshall

Robbins

Keynes

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Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test MCQs With Answers

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