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This online test contains MCQs about following topics:
Human Wants,Utility,Scarcity,Defination By Adam Smith,Marshall and Robbins,Modern View of Economics ,Comparison of Defination , Methods of Economics ,Economics Theory, Economic Principle ,Policy Economics , Micro Vs Macroeconomics ,Economics Laws Deductive and Inductive Methods
MCQ's Test For Chapter 1 "Economics Ics Part 1 English Medium Chapter 1 Online Test"
Try The MCQ's Test For Chapter 1 "Economics Ics Part 1 English Medium Chapter 1 Online Test"
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Chapter 1 Online Test
00:00
Question # 1
Economics is a science
Question # 2
Father of the political economy
Question # 3
Which laws are always subjected to certain conditions.
Question # 4
One of the following is not a part of macro economics.
Question # 5
normative economics
Question # 6
One of the following is not a characteristics of economic laws.
Question # 7
Economic problems arises because of.
Question # 8
Scope of economics is defined as:
Question # 9
Which one is the non-economic activity.
Question # 10
Economics
Question # 11
According to Alfred Marshall, Economics should be taken as:
Question # 12
The products which are not priced in the market are called .
Question # 13
Economics laws
Question # 14
Loinel Robbins wrote a book entitled "Nature and Significance of economic science" in.
Question # 15
Adam smith was a
Question # 16
Ceteris paribus means
Question # 17
Economics problems arise because of
Question # 18
Three basic economics problems are
Question # 19
Scarcity of goods means
Question # 20
Wants are unlimited for:
ICS Part 1 Economics Chapter 1 MCQs Test
Top Scorers Of Chapter 1 "Economics Ics Part 1 English Medium Chapter 1 Online Test" MCQ`s Test
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ICS Part 1 Economics Chapter 1 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | One of the following is not studied in Micro economics. |
A. Equilibrium to the firm
B. Distribution of rewards to factors of productions
C. Banking system
D. Market equilibrium
|
| 2 | He described economics as a science of material welfare |
A. Robbins
B. Marshall
C. Ricardo
D. Keyness
|
| 3 | Wealth of Nations was written in |
A. 1976
B. 1876
C. 1776
D. 1676
|
| 4 | Marshall wrote the book |
A. Classical economics
B. Introduction to economics
C. Micro economics theory
D. Principles of economics
|
| 5 | Scope of economics is defined as: |
A. Individual and aggregate economic behaviour of the people.
B. Subject matter of economics.
C. Welfare Economics.
D. All of the abpove
|
| 6 | Prof. Robins wrote a book in 1931 entitled. |
A. General Theory of employment. Interest and money.
B. An inquiry into the nature and causes of wealth of nations.
C. Principle of economics.
D. Nature and Significance of economic science.
|
| 7 | Economics |
A. is more important than mathematics
B. is a social science
C. should be made compulsory for every student
D. is difficult to study
|
| 8 | normative economics |
A. deals solely with the facts
B. is never studied in colleges
C. involves opinions and interpretations
D. is clearly preferable to positive economics
|
| 9 | In which year Alfred Marshall wrote a book entitled "Principle of economics" |
A. 1850
B. 190
C. 1870
D. 1890
|
| 10 | Who was the exponent of macro economics in recent times. |
A. Adam Smith
B. J.M. Keynes
C. Marshall
D. Maithus
|
Test Questions
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Afzal Rehmani
02 Apr 2024How to make selected ch mcqz test
jarrar
01 Jul 2018omda web
Hammad gujjar
28 Apr 2017Good
Mir Abdulrehman
27 Feb 2016Nice web.