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Online Tests
Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test MCQs With Answers
Question # 1
Adam Smith belongs to:
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Poland
Scotland
Ireland
Holland
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Question # 2
Economics according to its scope is:
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Science
Art
Science & Art
Only positive science
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Question # 3
Meaning of Economics:
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State management
Trade management
Household management
All of them
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Question # 4
The goods which are directly consumed by the human-being, are called
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Consumer goods
Capital goods
Industrial goods
None of the three
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Question # 5
Who did write the book named "General theory of employment, interest and money"
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Marshall
Pigou
Adam Smith
Keynes
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Question # 6
In which year Kenyens wrote his book "General theory of employment, interest and money
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1929
1931
1934
1936
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Question # 7
Who did name Economics as the science of mammon worship and dismal science
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Marshall
Keynes
John Ruskin & Carlyle
Pigou
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Question # 8
Micro economics studies related to:
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National income
Unemployment
Trade cycle
Consumers behaviour
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Question # 9
Which laws are framed by parliament
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State laws
Moral laws
Economic laws
Scientific laws
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Question # 10
Study of large aggregated of economic system is called
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Micro economics
Macro economics
Applied economics
All the three
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Question # 11
Who did write the book named "General theory of employment, interest and money
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Robbins
Pigou
Keynes
Cannon
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Question # 12
"The nature of significance economics sciences" was written in:
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1930
1936
1932
1890
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Question # 13
"The nature and significance of economic sciences" was written by:
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Adam smith
Marshall
Robbins
Canon
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Question # 14
Study of small units of an economic system is called
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Micro economics
Macro economics
Applied economics
All the three
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Question # 15
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
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