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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
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Question # 1
Everyone should study economics is a
Question # 2
Which statement is true?
Question # 3
Scarcity means
Question # 4
Wants are unlimited for:
Question # 5
Economic principle are also called
Question # 6
Economics laws are:
Question # 7
Economics problems arise because of
Question # 8
Which one is the non-economic activity.
Question # 9
Who criticized economics as "dismal Science".
Question # 10
One of the following is not a characteristics of economic laws.
Question # 11
Scarcity of goods means
Question # 12
One or more persons living together and having a common budget is called
Question # 13
All materials goods which can satisfy humans wants are called.
Question # 14
Robbins in his definition
Question # 15
Scope of economics is defined as:
Question # 16
Economics
Question # 17
In which year Alfred Marshall wrote a book entitled "Principle of economics"
Question # 18
The basic economic problem to all societies is
Question # 19
He described economics as a science of material welfare
Question # 20
Prof. Marshall thinks
ICS Part 1 Economics Chapter 1 MCQs Test
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