More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test MCQs With Answers
Question # 1
Which is not studied in micro economics ?
Choose an answer
Theory of consumer behaviour
Price theory
Theory of money
Theory of distribution of wealth
Previous
Skip
Next
Question # 2
Economic problem arises because human wants
Choose an answer
Are unlimited
Are limited
Do not exists
None of three
Previous
Skip
Next
Question # 3
In which punishment is not applicable for the disobedience, the laws are
Choose an answer
Moral laws
Laws of state
Political laws
Economic laws
Previous
Skip
Next
Question # 4
Which is not studied in macro economics ?
Choose an answer
National income
Money and banking
Consumer's behavior
Public finance
Previous
Skip
Next
Question # 5
Economics according to its scope is:
Choose an answer
Science
Art
Science & Art
Only positive science
Previous
Skip
Next
Question # 6
Not acting upon economic laws
Choose an answer
One gets punishment
Economy faces loss
Only the people not acting, face loss
No one is influenced
Previous
Skip
Next
Question # 7
Economics according to its scope is
Choose an answer
Science
Art
Science & Art
Only positive science
Previous
Skip
Next
Question # 8
Study of large units of the economy is known as:
Choose an answer
Micro economics
Macro ecnomics
Applied economics
All of them
Previous
Skip
Next
Question # 9
Who said that economics is the science of material welfare ?
Choose an answer
Adam smith
Marshall
Ricardo
Robbins
Previous
Skip
Next
Question # 10
Who wrote the book named "An enquiry into the nature and causes of the wealth of nations ?
Choose an answer
Adam Smith
Marshall
Robbins
Canon
Previous
Skip
Next
Question # 11
"General theory of employment, interest and money" was written in:
Choose an answer
1930
1936
1932
1890
Previous
Skip
Next
Question # 12
Founder of Classical school of thought was:
Choose an answer
Adam smith
Marshall
Robbins
Keynes
Previous
Skip
Next
Question # 13
The whom individuals Marshal included in definition of economics
Choose an answer
Service of teachers
People living in forests
Trading professionals
People living in caves
Previous
Skip
Next
Question # 14
Who said that economics is science of unlimited wants and limited means
Choose an answer
Adam Smith
Marshall
Pigou
Robbins
Previous
Skip
Next
Question # 15
Laws cannot be predicted
Choose an answer
Scientific laws
Moral laws
Economic laws
Natural laws
Previous
Skip
Next
Question # 16
Micro economics studies related to
Choose an answer
National income
Unemployment
Trade cycle
Consumer's behavior
Previous
Skip
Next
Back
