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This online test contains MCQs about following topics:
Variables and Constant ,Parametrs ,Equations, Simultaneous Equation,Graphs of Equations,Functions,Statistics ,Data Collection,Classification and Tabulations
MCQ's Test For Chapter 3 "Economics Ics Part 1 English Medium Chapter 3 Online Test"
Try The MCQ's Test For Chapter 3 "Economics Ics Part 1 English Medium Chapter 3 Online Test"
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Chapter 3 Online Test
00:00
Question # 1
______ is a science which is concerned with the collection, presentation, and interpretation of numerical data
Question # 2
A statement of how one variable affects other variable is
Question # 3
When marginal utility of a product is zero its total utility will be.
Question # 4
To show data in tables, we must first
Question # 5
The first law of consumption was presented by.
Question # 6
The talent of a professor is .
Question # 7
Law of equi marginal utility provides basis for.
Question # 8
In mathematics which letters at the end of alphabet are used to represent variables
Question # 9
Total utility is maximised when.
Question # 10
The relationship between two variables that move in the same direction is called
Question # 11
This is a tool in economic studies
Question # 12
A variable is a symbol which, during a discussion, may assume different values or a set of admissible values. This is the definition of
Question # 13
Law of diminishing marginal utility provides basis for:
Question # 14
One of the following will not be an assumption of the law of diminishing marginal utility.
Question # 15
If we plot the equation y = 20 +3x, its slope is
Question # 16
One of the following is not an exception to the law of diminishing marginal utility .
Question # 17
Initial utility of a product is :
Question # 18
Marginal utility of a product is the utility obtained by consuming.
Question # 19
if X and Y scales are the same a line making 45-degree angle with X-axis has slope
Question # 20
When the classify data on the basis of income there will be
ICS Part 1 Economics Chapter 3 MCQs Test
Top Scorers Of Chapter 3 "Economics Ics Part 1 English Medium Chapter 3 Online Test" MCQ`s Test
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H hafsa Mumtaz 10 - May - 2024 00 Min 04 Sec 20/20 -
R Reta Rossie 29 - Apr - 2024 00 Min 04 Sec 20/20 -
Z Zafar Ali 22 - May - 2024 00 Min 16 Sec 20/20 -
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ICS Part 1 Economics Chapter 3 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Who introduced indifference curves to explain consumer's beghavior |
A. J.R Hicks
B. Marshall
C. Robbins
D. Adam Smith
|
| 2 | The maintain social status in life, a person requires. |
A. Bare necessities of life
B. Comforts of life
C. Luxuries of life
D. All of them
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| 3 | A ______ is something which is measurable and can take on different values |
A. Variable
B. Constant
C. Both a and b
D. None of these
|
| 4 | If we plot the equation y = 20 +3x, its slope is |
A. 20
B. 3
C. 20/3
D. Indeterminate
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| 5 | When the classify data on the basis of income there will be |
A. class intervals
B. class numbers
C. groups
D. sections
|
| 6 | To show data in tables, we must first |
A. reduce data
B. expand data
C. classify data
D. all of the above
|
| 7 | The relationship between two variables that move in the same direction is called |
A. neutral
B. positive
C. independent
D. dependent
|
| 8 | In mathematics which letters at the end of alphabet are used to represent variables |
A. (u,v,w,x,y,z)
B. (a,b.c.d.e.f.g)
C. (a.b.c.u.v.w)
D. ((x,y,z,a,b,c)
|
| 9 | Variable are represented by symbol |
A. V
B. U
C. P
D. C
|
| 10 | How many kinds of equations? |
A. 4
B. 3
C. 2
D. 5
|
Test Questions