First Year Economics Chapter 1 Online MCQ Test for 1st Year Economics Chapter 1 (Nature and Scope)

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

ICS Part 1 Economics Chapter 1 Test

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ICS Part 1 Economics Chapter Wise Test

Online MCQ`s Test For Chapter 1 "Economics Ics Part 1 English Medium Chapter 1 Online Test"

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  • Total Questions20

  • Time Allowed30

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Economics Ics Part 1 English Medium Chapter 1 Online Test

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Question # 1

Wealth of nations

Question # 2

Ceteris paribus means

Question # 3

Economics

Question # 4

The basic economic problem to all societies is

Question # 5

Robbins in his definition

Question # 6

Which one is the non-economic activity.

Question # 7

Three basic economics problems are

Question # 8

Father of the political economy

Question # 9

One of the following is not a part of macro economics.

Question # 10

Which type of problems are brought under discussion in micro economics .

Question # 11

A positive statement

Question # 12

Scarcity of goods means

Question # 13

Basic economic problem is

Question # 14

Who criticized economics as "dismal Science".

Question # 15

Micro economics concentrates

Question # 16

Wealth of Nations was written by

Question # 17

Robbins definition of economics spell out the existence of

Question # 18

Which statement relates to macroeconomics

Question # 19

All materials goods which can satisfy humans wants are called.

Question # 20

Which statement is true?

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ICS Part 1 Economics Chapter 1 MCQs Test

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