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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
Law of diminishing marginal utility provides basis for:
Question # 2
When the classify data on the basis of income there will be
Question # 3
One of the following is not an exception to the law of diminishing marginal utility .
Question # 4
Variable are represented by symbol
Question # 5
According to law of equi-marginal utility a consumer will maximises his total utility when
Question # 6
______ is a science which is concerned with the collection, presentation, and interpretation of numerical data
Question # 7
How many kinds of Function
Question # 8
Who introduced indifference curves to explain consumer's beghavior
Question # 9
Marginal utility of a product is the utility obtained by consuming.
Question # 10
How many kinds of equations?
Question # 11
This is a tool in economic studies
Question # 12
Total utility is maximised when.
Question # 13
A ______ is something which is measurable and can take on different values
Question # 14
The first law of consumption was presented by.
Question # 15
In mathematics which letters at the end of alphabet are used to represent variables
Question # 16
The utility of an additional unit of a product is
Question # 17
A bridge will be a
Question # 18
To measure changes in purchasing power of money, we use
Question # 19
How many kinds of data?
Question # 20
if X and Y scales are the same a line making 45-degree angle with X-axis has slope
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 -
L Laiba Muqaddas 25 - Jul - 2024 00 Min 20 Sec 20/20 -
A Anum Fatima 19 - Jun - 2023 00 Min 51 Sec 20/20 -
G Goldenwords Goldenwords 09 - Jul - 2023 01 Min 47 Sec 20/20 -
T Tazmeen Afaq 21 - Jul - 2023 02 Min 08 Sec 18/20 -
P Priya Yash 04 - May - 2024 02 Min 38 Sec 18/20 -
F Fatima Romel 20 - Mar - 2023 02 Min 41 Sec 17/20 -
B Bano Begum 09 - May - 2024 04 Min 51 Sec 17/20 -
A Abdullah Ahmed 09 - Mar - 2023 00 Min 08 Sec 16/20 -
Z Zaina Ch 10 - May - 2024 01 Min 43 Sec 15/20 -
M M.Attiq-U-Rehman 24 - Nov - 2023 02 Min 34 Sec 15/20 -
M Maryam Akram 21 - Apr - 2024 02 Min 45 Sec 15/20 -
E Eman 19 - Jul - 2024 02 Min 56 Sec 15/20
ICS Part 1 Chapter 3 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | How many Kinds of variables? |
A. There are many kinds of variables
B. There are 2 kinds of variables
C. There are 3 kinds of variables
D. There are 4 kinds of variables
|
| 2 |
When marginal utility of a product is zero its total utility will be.
|
A. Increase
B. Decreasing
C. Maximum
D. Constant
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| 3 | To measure changes in purchasing power of money, we use |
A. percentages
B. index numbers
C. averages
D. variables
|
| 4 | One of the following is not an exception to the law of diminishing marginal utility . |
A. Money
B. Knowledge
C. Music
D. Non of them
|
| 5 | This is a tool in economic studies |
A. market
B. price
C. firm
D. functional relation
|
| 6 | Who introduced indifference curves to explain consumer's beghavior |
A. J.R Hicks
B. Marshall
C. Robbins
D. Adam Smith
|
| 7 | 3x2=0 is an equation |
A. linear
B. quadratic
C. general
D. first degree
|
| 8 | Initial utility of a product is : |
A. Highest
B. Lowest
C. Conatant
D. None of them
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| 9 | 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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| 10 | if X and Y scales are the same a line making 45-degree angle with X-axis has slope |
A. 1/4
B. 1/2
C. 1
D. constant
|
Test Questions