11th class Economics chapter 1 online mcq test with answers for ICS part 1 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

Top Scorers Of Chapter 1 "Economics Ics Part 1 English Medium Chapter 1 Online Test" MCQ`s Test

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Laiba Muqaddas 25 - Jul - 2024 04 Min 48 Sec 20/20
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Zafar Ali 22 - May - 2024 00 Min 10 Sec 19/20
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Eman 19 - Jul - 2024 02 Min 36 Sec 16/20
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Mohammad Akhlaq 17 - Oct - 2024 03 Min 58 Sec 16/20
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King Anas 21 - May - 2024 09 Min 29 Sec 16/20
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Hassan Raza 14 - May - 2024 02 Min 02 Sec 15/20
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Ainan ali 24 - Jul - 2024 02 Min 45 Sec 15/20
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Faiqa Shahid 20 - Jul - 2024 03 Min 24 Sec 15/20
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rehman khalid 30 - Jun - 2024 04 Min 02 Sec 15/20

ICS Part 1 Economics Chapter 1 Important MCQ's

Sr.#	Question	Answer
1	Economic principle are also called	A. economic law B. economic theory C. economic model D. all of the above
2	Select the correct statement	A. Economics affects politics B. Economics affects history C. Geography affects economics D. all of the above are true
3	Which of the following is the subject matter of Economics.	A. Optimum use of limited resources for the satisfaction of unlimited human wants. B. Economic problems of the developing countries. C. Labour problems. D. Balance of payment problems.
4	Wealth of Nations was written by	A. Adam Smith B. Malthus C. Marshall D. Newton
5	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
6	Scarcity exists	A. in only poor countries B. in a country that uses resources inefficiently C. in all countries of the world D. when society produces unimportant goods
7	Who was the exponent of macro economics in recent times.	A. Adam Smith B. J.M. Keynes C. Marshall D. Maithus
8	The basic economic problem to all societies is	A. elimination of scarcity B. what how and for whom to produce C. equal distribution of wealth D. to develop agriculture
9	Economics is a science	A. Spiritual B. Social C. dismal D. moral
10	Which one is the non-economic activity.	A. Service of a doctor B. Morning walk C. Service of teacher D. Service of an advocate

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

ICS Part 1 Economics Chapter 1 Test

ICS Part 1 Economics Chapter Wise Test

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

Economics Ics Part 1 English Medium Chapter 1 Online Test

Everyone should study economics is a

Economics laws are:

Micro economics concentrates

Robbins in his definition

normative economics

Economics is a science

Economics theory means

Economic problems arises because of.

Select the correct statement

Which statement relates to macroeconomics

Wealth of nations

Wealth of Nations was written by

Which laws are implemented with an executive authority .

All the products which are priced in the market are.

Marshall wrote the book

One of the following is not a characteristics of economic laws.

Father of the political economy

One or more persons living together and having a common budget is called

Which one is not doing an economic activity.

According to Alfred Marshall, Economics should be taken as:

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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

ICS Part 1 Economics Chapter 1 Important MCQ's

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